PandiT : Health & Wealth Management

21/02/2015

Don't throw your money in the name of "SECURE"

21/02/2015

18/02/2015

Save Tax in a new way...

17/02/2015

Modi jo bolte hai... Wo karte bhi hai...

12/02/2015

11/02/2015

Today's Financial Success Mantra

09/02/2015

economictimes.indiatimes.com/wealth/savings-centre/analysis/how-company-fds-ncds-give-more-returns-than-banks/articleshow/46155498.cms?utm_content=bufferaaa64&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer

09/02/2015

In case you ever wonder how much higher or lower FD rates are likely to go here is a table showing historical rates.Personally I consider 8%pa as a sort of cut off point and have an aversion for FDs of any length when rates are below 9%.So I try to book them for longer tenures when rates are higher and ride out the lean periods.When FDs are lean pickings the PPF is likely to be a better bet.

Year FD Rate
1970-71 7.25
1971-72 7.25
1972-73 7.25
1973-74 7.25
1974-75 8.00-10.00
1975-76 10.00
1976-77 10.00
1977-78 9.00
1978-79 9.00
1979-80 10.00
1980-81 10.00
1981-82 10.00
1982-83 11.00
1983-84 11.00
1984-85 11.00
1985-86 11.00
1986-87 11.00
1987-88 10.00
1988-89 10.00
1989-90 10.00
1990-91 11.00
1991-92 13.00
1992-93 11.00
1993-94 10.00
1994-95 11.00
1995-96 13.00
1996-97 12.50-13.00
1997-98 11.50-12.00
1998-99 10.50-11.50
1999-00 10.00-10.50
2000-01 9.50-10.00
2001-02 8.00-8.50
2002-03 5.50-6.25
2003-04 5.25-5.50
2004-05 5.75-6.25
2005-06 6.25-7.00
2006-07 6.50-8.00