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Showing posts from October, 2022

Here are the Latest Kotak Fixed Deposit Rates

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  Much like many other banks and non-bank finance companies or NBFCs, Kotak Mahindra Bank also recently revised its interest rates on fixed deposits. In case you have a lump sum amount of savings that you wish to park in a term deposit and Kotak is your preferred choice of bank, then this article is for you. Here you will find all the information about the latest Kotak Bank fixed deposit rates that will help you make an informed decision. So, without any further ado, let us now begin.  The Revised FD Rates for Kotak Bank  The below mentioned interest rates are applicable on fixed deposits with Kotak Bank (with effect from 1 st September 2022). Please note that these rates are for deposits of up to INR two crores. Maturity Period Interest Rates Per Annum for Regular customers (with effect from 1st September 2022) Interest Rates Per Annum for Senior Citizens (with effect from 1st September 2022) 181 Days to 269 Days 5.00 5.50 270 Days 5.00 5.50 271 Days to 363 Days 5.00 5.50

Why you should consider becoming a mutual fund distributor

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  Whether you are just starting your career but do not know which line to pick, or looking for a second income to make you more financially secure, MF distributor business is something you should seriously consider. Why? Well, the reasons are galore! Read on to know about the many reasons to become a mutual fund distributor.  Great Earning Potential  The first thing that many people consider while picking their line of work is the earning potential. With mutual funds, you do not have to worry about how much money you can make. Mutual fund distributors earn commission on the mutual fund investments of their clients. Thus, the more clients you can onboard and the more they invest – the more your commission is. So, you do not have to worry about the earning potential in the MFD business . Growing Market  Another big thing that works in the favour of starting a mutual fund distributor business is the immense pace at which the market is growing. While the MF investments were expanding reas

Here are the Latest Mahindra Finance Fixed Deposit Interest Rates

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  While most people open a fixed deposit account with banks, there are many that go for term deposits with NBFCs or non-bank finance companies. Why? Because often, these NBFCs offer higher interest rates. And when you are looking to earn higher FD interest, then look no further than Mahindra Finance. One of the most trusted NBFCs in the country, it offers interest rates much higher than most other term deposit offering entities in India. Owing to the high Mahindra Finance fixed deposit interest rates , more and more people are opening FD accounts with Mahindra Finance. Mentioned below are all the details you need about Mahindra Finance FD rates.  Mahindra Finance FD Rates 2022 Dhanvruddhi Cumulative Scheme: This scheme allows you to earn up to 7.40 percent interest on your term deposit of up to INR 1 crore.  Samruddhi Cumulative Scheme: With this FD scheme, you can enjoy Mahindra fixed deposit interest rates of 7.25 percent on five year deposits of up to INR 1 crore.  In addition to th

Check Out the Latest Shriram Transport Finance Fixed Deposit Rates

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  With inflation soaring, keeping your money parked in a savings bank account is the last thing you want. While investing money in securities through stocks and mutual funds can be tempting, they carry a certain risk that not everyone is willing to take. Now one easy way to earn more returns than a savings account without taking any significant risk is through a fixed deposit account. While there are many FD options out there, Shriram Transport Finance FD rates are drawing people in doves. Here is all the info you need on Shriram Finance fixed deposit interest rates.  Latest Shriram Transport Finance FD Interest Rates  Shriram Transport has recently revised its interest rates in light of the evolving economic outlook, and the NBFC (non-bank financial company) is offering up to 8.25 percent fixed deposit interest rate on non-cumulative FDs of up to INR 5 crores for a 60 month duration. Moreover, you can enjoy Shriram Transport Finance FD rates of 8.52 percent on non-cumulative fixed de