This is to continue with my previous blog entry under “Fixed Deposit”. I Would suggest to act fast if you are planning to invest in Fixed Deposit as the rates might be slashed due to RBI rate cut.
I still feel following are still good one as suggested in my previous blog post.
- Mahindra Finance gives around 10% for 24 months (source click here)
- Karur Vysya Bank gives around 10% for 24 months (Source click here)
- Karnataka Bank fives around 9.75% for 24 months (Source click here)
- HDFC Bank gives around 9.25% for 24 months (Source click here).
Note: Please make sure that you have read the terms and conditions properly before you decide to apply for a fixed deposit as most of the banks have penalty clause for premature withdrawal.