One can easily observe that most of the banks have introduced special bucket deposits which measure the tenures in term of the days.Some of the representative deposits are as follows: Name Deposit Period(Days) Rate Of Interest IDBI 500 9.50% Bank OfIndia 555 9.35 Bank OfIndia 1100 9.30 Bank OfBaroda 444 9.35 Almost all other banks…
Check Allotment Status Of IDFC Tranche-2 Bonds:
Allotment of IDFC 80-ccf tranche-2 bonds is complete now. One can check the allotment status of IDFC Tranche-2 bonds: Click HERE Select IDFC Limited-Infra Bond Tranche-2 /2011 from the list. One need either application number, pan number or demat number to view the allotment status. Dispatch date showing in the allotment is 24th March 2012..so…
Cumulative Flow Of PPF and Fixed Deposits After Paying Off The Taxes:
Just few days back we have a post about comparison of PPF and Bank deposits for 80C benefits and compared few features of both the products.This post can be considered as an extension of that post. Here I have tried cumulative flow of both PPF and Bank fixed deposits( with tax liability of different tax brackets). Assumptions:…