Which bank account is good for FD and not much penalty on early withdrawal?
Kotak gives 7% on the funds in Auto sweep
Pretty sure IndusInd has this @7.75 interest rate for 1 yr and above. I don't have an account with them, but did one via PayTM Payments Bank which uses IndusInd as a partner bank for Deposits.
I keep my savings in a bank account with a very average annual return. Shall I start to keep my savings in a low duration Debt Fund? Not all the amount but like 50% of the savings in Debt fund and rest keep in savings account.
As u guys know only 5L is insured, I want to know how much you’re comfortable keeping in account? Maybe someone’s living expense could be 10L a year and they are okay with keeping that as emergency fund liquid, just an instance. But give...
At least 3 months of expenses, plus some emergency funds. Unless you have an account in some obscure small bank, don...
Hi All,
I'm 29 M, recently switched to a new job. I am currently earning ₹1.2 lakh per month. I plan to get married within the next year, and I estimate the marriage expenses to be around ₹10-12 lakh. I would like advice on how to save ...
Read up about FD sweep ins in HDFC. It comes in handy when you have all money invested in FDs but have to make some big urgent payment. So if you break your FD you will lose interest and get a small penalty. Hence FD sweepins are an easy...
