Obviously, most of the Pensioners have FDs in the Bank. Now, they may be getting a return of 8 % pa, at best. And , after Income Tax, its just about 7 % ... that's all.
In your SB account, now you earn a mere 4 %. And, from today onwards, its only 3.5 %. This will be immediately followed by a reduction in FD interest rates as well.
What does this all mean to you ?? Your money in the Bank will not get you anything good ! Think well... find other investment options that suit you.
In your SB account, now you earn a mere 4 %. And, from today onwards, its only 3.5 %. This will be immediately followed by a reduction in FD interest rates as well.
What does this all mean to you ?? Your money in the Bank will not get you anything good ! Think well... find other investment options that suit you.
No comments:
Post a Comment