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, 9 months ago.

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

    #48283

    Sunil Malaya
    Member

    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.

About Us

Simplypaisa, a web initiative by Elite Wealth Advisors Ltd, has the primary objective to help readers make smart financing decisions. What is smart finance? How to make smart financing decisions to procure assets or to meet one’s personal needs? Information is critical to make smart financing decisions: be it to purchase your dream house, a car, to start a business or to enable an entrepreneur to meet his/her working capital needs.Read More...

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

GET IN TOUCH WITH US

Elite Wealth Advisors Ltd.
S-8, DDA Shopping Complex,
Near Jeevan Anmol Hospital,
Mayur Vihar Phase-1, Delhi-110091.
Phone No: 011-42445800
Email : connect@simplypaisa.com