Long Term Investment
Bank Fixed Deposits
Fixed deposits are the last of our options, simply because interest rates have fallen dramatically in the last few years. These deposits, unlike PPF are not very tax efficient. Hence, they may not be the best long term investment in India, but are relatively safe. While interest rates have fallen you can still get decent interest rates of around 7 per cent in some of the scheduled banks and select private banks.
- tamil.goodreturns
Stocks and Share Analyst
MR.K.P.PRABHAGHARAN,
KKP CAPITAL, 9894333189
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