Short term investment option for my Home loan EMI money ?

POSTED BY Deepak Rajput ON October 11, 2013 1:08 pm COMMENTS (8)

Hi Team,

I have taken a home loan 20 lakh rupees, My EMI is approx 20k rupess on 15th of every month.

I get my salary on 28 of each month. my question her is that i want to invest the EMI from 28 to 15 of each month and 15 i will again deposit my salary account it get deducted.

I don’t know how good question have i asked. Sorry in advance if it seems silly.

8 replies on this article “Short term investment option for my Home loan EMI money ?”

  1. Deepak Rajput says:

    Sorry Typo Error

    Agreed Sir. I got the answer sweeping FDwill the better option for me.

  2. Deepak Rajput says:

    Agreed Sir. I got the answer Sweeping will the bettter option for me.

  3. ashalanshu says:

    Dear Deepak, you w’d have to invest in liquid fund on your own as well as redemption ‘ll also based upon your request. Whereas Sweeping FD ‘ll be an automated exercise. Also from taxation point, both are same but Liwuid funds do have a drawback for your situation. Due to a non business day or some technical issue, if the money does not come into your bank account, you are in serious trouble to pay your EMI. Please take note of this.



  4. Anshuk Jain says:

    Liquid funds can also help you here.. but we are talking about saving some 30-40 more ruppees..

    1. Deepak Rajput says:

      Can you please explain in detail.

      1. Anshuk Jain says:

        20000 for 15 more days at 4% p.a. extra gives you only 30-40 rupees monthly. Is it worth it?

  5. Deepak Rajput says:


  6. ashalanshu says:

    Dear Deepak, you can park your money in sweeping FDs to get a bit EXTRA from your salary amount.



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