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query - where to keep 10L and get max profit ?

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Deal Subedar
vickyVicky

The person don’t know or want any lending and getting interest kind of work with that money.

Have to keep in savings account and get much benefit…. I heard most banks give more % for 1 or 2 lakhs only after that amount they decrease %. So better to keep in all back accounts some 2Lakhs… ?

Fixed deposit too very less % – I guess, correct me.
(Keeping period minimum 6 months to 1 year)

Can’t do mutual funds, as may risk in loss….

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Critic Critic
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contact this guy

https://cdn0.desidime.com/attachments/photos/604301/medium/6484270jay-shah-750x430.jpg?1580816278

Deal Cadet Deal Cadet
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Who’s this btw? Curious because he seems to be related to BCCI?

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Deal Subedar Deal Subedar
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Only FD is safest option for short periods.

Deal Cadet Deal Cadet
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FD interest rate 6.1 – 6.3%
Better do it from senior citizen account to get .5% more interest

Helpful Helpful
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laxmi chit fund

Deal Major Deal Major
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Chitti Chitti Bang Bang stuck_out_tongue

On topic – FD for short period – dont forget to fill up FORM 15 G / H

for others – post office MIS
RBI Bonds – they are giving 7.75/- but lock in for 7 years half yearly interest

Deal Cadet Deal Cadet
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Which RBI bonds? how to apply?

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Generous Generous
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keep 5 lakh in fd in jana small bank 8.25% per year
keep 5 lakh in utkarsh bank @ 8.20 per year

5 lakh is now secured with DICGC in all schedule banks

Helpful Helpful
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Proposed h bhai.

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Deal Lieutenant Deal Lieutenant
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Keep 5 lakhs in Liquid fund (MF )and 5 lakh in FD in any Nationalized Bank. If no issues in Lockin period then go for PPF and SCSS

Generous Generous
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Many cooperative banks run from decades are giving higher interest for their FDs.
Go to a trusted one and deposit a couple of lakhs. Keep the rest in nationalized banks.

Deal Subedar Deal Subedar
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Split into 2lacx5 and deposit into 5 small finance banks FD. In case of emergency break any one FD. So it will reduce penalty.

Critic Critic
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Why nationalised banks,they don’t offer anything extra(incl security,all scheduled commercial banks are covered under same RBI rules & guarantee) over major pvt sector banks like hdfc,icici & axis. At least hdfc will offer some top tier card if you keep a good amount of FD there.

Deal Subedar Deal Subedar
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Different in my case….

Having 2L FD, ICICI give me pre-approved Rubyx cc with 2.15L limit…

But having 5L FD, HDFC give me moneyback card with 40k limit.

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Helpful Helpful
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IPL me RCB ke against daal, jeet jaayega.

Finance Ninja Finance Ninja
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Quantum Liquid Funds – Only Govt Securities. No Private Shit. Return is around 6.50%. No exit load. No penalty. Indexation benefit if held for 3 years (you’ll save good amount of tax).

Critic Critic
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Why not keep 9 lakh in IDFC bank at 7% interest & DCB shubhlaabh acc 1 lakh 8.3% interest or just buy 4-5 lakhs worth hdfc bank/hdfc ltd/reliance shares?

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Super Stud Super Stud
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DO NOT TRY THIS AT HOME

Purchase norton antiviruses @ 800 multiple times and 60 din me paisa double
Source – faltu telegram channel

Deal Newbie Deal Newbie
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Buying ril and hdfc share is best option.. you can also do sip for the same.. plus1

Deal Cadet Deal Cadet
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Idfc first bank, 7% from ₹1 if its more than 1 lakh.

Deal Lieutenant Deal Lieutenant
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1. Liquid/Debt fund for safe and better returns than FD
2. Equity fund for much better returns in longer term.

Critic Critic
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Top 5 liquid funds currently giving less than 7% return for 1 year & max 7% return for 3 years, it is no longer that attractive compared to 2-3 years ago when they used to give 8%+ return in 1 year. Better keep in savings acc which gives 6-7% interest than this.

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Entertainer Entertainer
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Plot/Shop khareed lo kahin.

Post Emperor Post Emperor
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Give to either nirav modi or malya. They multiply your amount within a day or two. sweat_smile sweat_smile sweat_smile

Deal Cadet Deal Cadet
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Try https://www.kred...m/
Minimum investment is 3 lakhs.
You’ll get above 10% assured profit.

Deal Subedar Deal Subedar
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Are you using ??

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Helpful Helpful
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Real value of money is in spending 😊

Deal Subedar Deal Subedar
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And what about earning.

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Post Tycoon Post Tycoon
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My question is how to make 10 lacs!! sunglasses innocent🤔

Pro Critic Pro Critic
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A good quality color printer. yum

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Deal Subedar Deal Subedar
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now in such diffcult economic situations,how these startups like i2ifunding,tradecred,kredx,rupeecircle working ,are they paying to lenders or defaults increasing?

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