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I have few lakhs.where can i get good interest rate monthly without any risk..? |
I don't want to take risk by giving my money to any individual or any private investment companies which be disappeared any time.suggest me a good idea to make use of what I have. My wish is to get some profit every month out of my money...fixed deposit is a good suggestion...thanks for ur suggestions...but fixed deposit won't give interest every month but it will give me the profit at the end of the maturity period....is there any other better idea? I don't know which country you are talking about,but in India in fixed deposit if you opt for monthly payout of interest ,the interest will be credited to your account every month,likewise you can opt for quartely or half yearly, If you don't want to take any risk, the safe and better way is to open a fixed deposit. Go for a "Fixed Deposit" account in any reputed bank. Its the safest. You can visit http://www.ratekhoj.com for the current highest fixed deposit rates. You can compare in several banks and other financial institutions before making a decision. contact city union bank, tamilnadu mercantile bank or karnataka bank in ur area i have alot of my money in a high income fund which shows me over 11 percent per annum. if you would like to know more email me robert.hayes55@yahoo.co.uk I am Rajalakshmi Ganesan from Chennai. I am an insurance/fin advisor in LIC of India. |
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