Need A Financial Product Forums Trading/Investments Which should be preferred ? Bank FD’s or tax free bonds

This topic contains 1 reply, has 2 voices, and was last updated by  Santosh Yadav 2 years, 2 months ago.

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
  • #48282

    I went to Canara Bank to open a fixed deposit account for 3-5 years. There I met a person who suggested me to invest in tax free bonds. He told me that tax free bonds yield better post tax returns as compared to fixed deposits. I don’t see requirement of funds in next 5 ? 6 years but definitely look for high returns with low to moderate risk. What do you suggest in my case ? tax free bonds or fixed deposit with bank?


    Sunil Malaya

    I will recommend tax free bonds for you as they definitely yield good returns in comparison to bank FD’s.

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.