@financeboosan.. One small correction.. The penal amount is calculated on the interest rate in which the FD was held with the bank and not on the contract rate in the FD. For example, If you have an FD at 7% for 1 year and you are prematurely withdrawing in say 11 months, penal interest will be calculated for less than 1 year interest rate minus 1%. Suppose 1 year interest rate is 7% and less than 1 year is 6% then penal interest will be 6-1=5%.
Interested in FD laddering. Can you clarify whether 5L insured limit is inclusive of all the accounts (savings, FD, RD) in a bank ? When we open FD, bank gives a separate account number for that, so that has seperate insurance or covered under part of savings account limit ?
@@finance.boosanCommercial Bank ல FD 5 லட்சம் வைத்திருந்தால், அது வரை DlCGC காப்பீடு ok. அதே வங்கியில் மத்திய அரசின் சீனியர் சிட்டிசன் SRSS திட்டத்தில் மேலும் ஒரு 5 லட்சத்திற்கு செய்திருந்தால் இந்த தொகை DICGC வரம்புக்குள் வருமா , வரதா. இதற்கு பாதுகாப்பு உண்டா?
Hi boosan hope you are doing well, could you please suggest me for tax saving with mutual fund growth or else advice any others best option, at present im only pay LIC, this year's my salary revised so need your suggestion and guidance...im regularly watching yours videos even though confused sometimes
Commercial Bank ல FD 5 லட்சம் வைத்திருந்தால், அது வரை DlCGC காப்பீடு ok. அதே வங்கியில் மத்திய அரசின் சீனியர் சிட்டிசன் SRSS திட்டத்தில் மேலும் ஒரு 5 லட்சத்திற்கு செய்திருந்தால் இந்த தொகை DICGC வரம்புக்குள் வருமா , வரதா. இதற்கு பாதுகாப்பு உண்டா?
@@bharanidharsanthi6007 ohh, got it. And I have another doubt. If we have auto-renewal of an FD in which even the interest is added to the initial principal amount, and if the interest rate is changed during the time of renewal of the FD, then would the interest rate be same as old one or according to the current interest rate set by the bank?
Note - That 5 Lakh Insured by RBI is based on individual PAN Number. If a person's open multiple bank accounts & in each accounts if he maintain 5 Lakh for FD means then any one of the 5 Lakhs is insured by RBI. Not all the 5 Lakhs in different bank accounts
Hi Bro As usual ❤ Do continue videos. I covered your all inputs.... I make notes of all comparisons and niche difference. Thank you very much.to make me financial literacy
StableMoney acts as an intermediary; the actual KYC and related processes are handled by the bank itself. As long as we trust the bank, we can use any platform to open an account. Analogy: It's like ordering A2B food through Swiggy or Zomato-the food comes from A2B, and Swiggy or Zomato are just the intermediaries.
Thank you so much for sharing your knowledge and also helping others interested. I hope you get an award from the government of India for the work you are doing. Nandri
Thanks for the informative videos Boosan . God bless. Can you please put a video on how a new NRI can change the existing ET Money / Zerodha account to NRI one to continue with the investments.
There are some factual inaccuracies in this video. (1) The TDS threshold for bank FDs (Non senior citizens) is Rs.40000/-. The threshold for senior citizens is Rs.50000/- (2) For corporate FDs the interest threshold for TDS is Rs.5000/-. (3) Form 15G and 15H can be given for corporate FDs also to get interest without TDS.
if you are in 30% tax slab, you will still need to pay 30% overall tax on the FD interest, once the cumulative FD interest crosses 40,000 a year..so TDS is a moot point
ஏற்கனவே அந்த வங்கி சம்பந்தப்பட்ட afficial app ல போட்ட ft யை இந்த ஸ்டேபிள் மணியில் பார்க்க எடுக்க முடியுமா ஏனென்றால் அந்த ஆபீஷியல் ஆப் இப்போது பார்வை மாற்றுத்திறனாளிகளுக்கான அணுகல் தன்மையுடன் இல்லை அதனால் தான் கேட்கிறேன் அதே மாதிரி இந்த ஸ்டேபிள் மணி ஆப் எந்த அளவிற்கு நம்பிக்கை கூறியது
Getting insurance amount is not easy, it may take longer time and one my friend face this and he lost 25lac is in small case bank. Better to invest in AAA banking sector even though interest rate are less.
@@malarenu what is the risk..It's a small finance Bank approved by RBI. You have a insurance coverage of 5 lakhs still. Pls explain what risks u foresee in this SFB
Intrest penalty calculation is wrong in the video. Lets take one example. The interest rate for 1 year is 7% and if we booke the FD for one year at the end of the one year we get full amount with 7 percent interest.. If we need to break the FD with in 3 months then the Banks interset rate for 3 months duration then the bank will deduct interest penalty as 1 percent then we get only 2 percent for our investment.... Not 6 percent
Yes, you're right; it was an oversimplified example. ROI changes based on when we break the investment. This was already mentioned in the text during the calculation.
@@bharanidharsanthi6007 Not black money bro, understand a middle class person or coolie somehow saved 10l in his career wants to make 5k per month to support his retirement life.
@@bharanidharsanthi6007 Bro, understand that a middle class coolie person who earned 10l in his entire career, wants to put it in fd expecting 5k per month to support his retirement life.
Hi bro, In 8 years - you may get approximately 100% return in mutual fund In 9th year of your investment, as you said if it falls 20%, you will get 100-20= 80% profit which is good compared to FD. At that point if you have fear, you can consider exit from mutual fund. No one can predict or time the market bro. We have to take our final decision
A sweep-in facility automatically transfers funds from your Fixed Deposit to your Savings Account whenever the balance is insufficient for a purchase or transaction, without affecting the interest rate on your Fixed Deposit.
Why do u think everyone is generously coming to share their knowledge or ideas on social media platform? Why not go make money. Why r they wasting their time explaining it to others. Bcoz To make more money of course!!
![fixed deposit-ஆ விட சூப்பரான 5 திட்டங்கள் | Top 5 alternative ideas for [ Fixed Deposits ] schemes](/img/n.gif)
Invest in high-return FDs and earn 9.1% returns and Rs. 200 Amazon gift voucher
stablemoney.app.link/CFnci1nT2Jb
Great
At one stage you where mocking other saying namba ethuku youtube channel start pannomne maranthu content create panrangenu
@@bharanidharsanthi6007yep! Initial videos ellam maas uh irukum! Ipolam en dhaan ivaru video podraru nu thonum bruh
@financeboosan.. One small correction.. The penal amount is calculated on the interest rate in which the FD was held with the bank and not on the contract rate in the FD. For example, If you have an FD at 7% for 1 year and you are prematurely withdrawing in say 11 months, penal interest will be calculated for less than 1 year interest rate minus 1%. Suppose 1 year interest rate is 7% and less than 1 year is 6% then penal interest will be 6-1=5%.
Great info, FD laddering pathi video pannunga.
Direct to the point and no un-necessary blabbering .And this make this channel unique and easy to fall in love with Finance!!
FD Laddering Video Needed means hit the like button ❤
❤
Interested in FD laddering. Can you clarify whether 5L insured limit is inclusive of all the accounts (savings, FD, RD) in a bank ? When we open FD, bank gives a separate account number for that, so that has seperate insurance or covered under part of savings account limit ?
Inclusive of all accounts in a bank
@@finance.boosan thanks for clarifying
@@finance.boosanCommercial Bank ல FD 5 லட்சம் வைத்திருந்தால், அது வரை DlCGC காப்பீடு ok. அதே வங்கியில் மத்திய அரசின் சீனியர் சிட்டிசன் SRSS திட்டத்தில் மேலும் ஒரு 5 லட்சத்திற்கு செய்திருந்தால் இந்த தொகை DICGC வரம்புக்குள் வருமா , வரதா. இதற்கு பாதுகாப்பு உண்டா?
Thank you Bro. Please do make a video on FD laddering .
Hi Boosan, can you please explain about FD linked savings account or Sweep in FD and pros and cons
அருமை.. நீங்கள்தான் எனக்கு வழிகாட்டி... 6 மாதமாக உங்களை பிந்தொடர்ந்து வருகிறேன். நன்றி
bro, forex trading profits ah eppadi India la Tax file panradhu?
any legal issues irukaanu sollunga,
Super sir..romba use full ah iruku...daily video podunga pls
What tamilnadu co operative Bank it's also covered by RBI insurance or not
Hi boosan hope you are doing well, could you please suggest me for tax saving with mutual fund growth or else advice any others best option, at present im only pay LIC, this year's my salary revised so need your suggestion and guidance...im regularly watching yours videos even though confused sometimes
Shir Ram fd is safe to invest? Pls advices
Yes it is. I am already into it and interest rates are higher now than banks.
Anna Please do video on Fd laddering
Is small finance bank good to open FD ?
Please make a video about annuity / pension plans
Commercial Bank ல FD 5 லட்சம் வைத்திருந்தால், அது வரை DlCGC காப்பீடு ok. அதே வங்கியில் மத்திய அரசின் சீனியர் சிட்டிசன் SRSS திட்டத்தில் மேலும் ஒரு 5 லட்சத்திற்கு செய்திருந்தால் இந்த தொகை DICGC வரம்புக்குள் வருமா , வரதா. இதற்கு பாதுகாப்பு உண்டா?
If I deposit 10000 in fixed deposit through online, do I need to submit form 15H
Post office deposit plan and TAx details please provide
Bro Shriram la FD pathi details sollu ga bro
Please do FD laddering Video bro
If I deposit 10000 in fixed deposit, do I need to submit form 15H
Is the interest rate same(as when we started the FD) if we keep the FD for a long time, or will it change according to the updated FD interest rate?
It will not change
You and other party will agree on a intrest rate and that is fixed over the tenure you booked the FD
@@bharanidharsanthi6007 ohh, got it. And I have another doubt. If we have auto-renewal of an FD in which even the interest is added to the initial principal amount, and if the interest rate is changed during the time of renewal of the FD, then would the interest rate be same as old one or according to the current interest rate set by the bank?
Not sure
Bruh Auto Sweep Account pathi video podunga bruh is it beneficial for salaried person
Note - That 5 Lakh Insured by RBI is based on individual PAN Number. If a person's open multiple bank accounts & in each accounts if he maintain 5 Lakh for FD means then any one of the 5 Lakhs is insured by RBI. Not all the 5 Lakhs in different bank accounts
5 lakh per account holder per bank
How to apply 7-14 days fd in online in sbi or other bank
Hi Bro
As usual ❤
Do continue videos.
I covered your all inputs....
I make notes of all comparisons and niche difference.
Thank you very much.to make me financial literacy
video needed for FD ladder
Tax பற்றி விவரமா ஒரு வீடியோ போடுங்க ப்ரோ, எங்கெங்கெல்லாம் டேக்ஸ் கட்டணும், டெபாசிட், இன்கம், வித்ட்ராயல் மாதிரி
Nifty 50 vs nifty large mid cap 250 which is best investment for long term (15 years) my child education
Here is more about N250 vs N50 : ua-cam.com/video/e_VCy7fWGl0/v-deo.html
Bro ungala nambi stable money explore pani use panlamla?
StableMoney acts as an intermediary; the actual KYC and related processes are handled by the bank itself. As long as we trust the bank, we can use any platform to open an account.
Analogy: It's like ordering A2B food through Swiggy or Zomato-the food comes from A2B, and Swiggy or Zomato are just the intermediaries.
@@finance.boosan okay
Thank you so much for sharing your knowledge and also helping others interested. I hope you get an award from the government of India for the work you are doing. Nandri
Yes, we need more information on FD laddering
Thanks for the informative videos Boosan . God bless.
Can you please put a video on how a new NRI can change the existing ET Money / Zerodha account to NRI one to continue with the investments.
Your videos are very informative❤
But tax is applicable on the interest amount
There are some factual inaccuracies in this video.
(1) The TDS threshold for bank FDs (Non senior citizens) is Rs.40000/-.
The threshold for senior citizens is Rs.50000/-
(2) For corporate FDs the interest threshold for TDS is Rs.5000/-.
(3) Form 15G and 15H can be given for corporate FDs also to get interest without TDS.
if you are in 30% tax slab, you will still need to pay 30% overall tax on the FD interest, once the cumulative FD interest crosses 40,000 a year..so TDS is a moot point
Explain about FD laddering.
நான் இப்போ ஆதித்யா பிர்லா கேப்பிட்டல் பிளான் இப்ப லான்ச் பண்ணுது போட்டு இருக்கேன் அஞ்சு வருஷத்துக்கு அதுக்கப்புறம் 15 வருஷம் ஓல்டு பண்ண சொல்லி இருக்காங்க இந்த மியூச்சுவல் ஃபண்ட் பிளான் கரெக்ட்டா இருக்குமா
Yes bro please tell more about FD laddering
Pl tell us how to do fd laddering
ஏற்கனவே அந்த வங்கி சம்பந்தப்பட்ட afficial app ல போட்ட ft யை இந்த ஸ்டேபிள் மணியில் பார்க்க எடுக்க முடியுமா ஏனென்றால் அந்த ஆபீஷியல் ஆப் இப்போது பார்வை மாற்றுத்திறனாளிகளுக்கான அணுகல் தன்மையுடன் இல்லை அதனால் தான் கேட்கிறேன் அதே மாதிரி இந்த ஸ்டேபிள் மணி ஆப் எந்த அளவிற்கு நம்பிக்கை கூறியது
Hi bro, there are some small finance bank provides more interest either equal or above corporate FDs and also covered with 5 lakes insurance.
Yes covered at 6:00
Getting insurance amount is not easy, it may take longer time and one my friend face this and he lost 25lac is in small case bank.
Better to invest in AAA banking sector even though interest rate are less.
Fd laddering?
need a video about sweep in FD....
Valuable information
Need info about Fd laddering
Corporate FD: Many people in Western India do not invest in Bajaj Finance FD- as they torture the humans through spam calls.
Shit company it is
FDs are not an inflation beating investment..
Bro dicgc insurance is covered for nbfc also see their website
Stable Money has not included Unity Small Finance Bank which provides 9.00% interest for normal citizens
Don't invest in unity small finance bank! Lot of risk is there
@@malarenu what is the risk..It's a small finance Bank approved by RBI. You have a insurance coverage of 5 lakhs still. Pls explain what risks u foresee in this SFB
Intrest penalty calculation is wrong in the video.
Lets take one example. The interest rate for 1 year is 7% and if we booke the FD for one year at the end of the one year we get full amount with 7 percent interest..
If we need to break the FD with in 3 months then the Banks interset rate for 3 months duration then the bank will deduct interest penalty as 1 percent then we get only 2 percent for our investment.... Not 6 percent
Yes this is right.. 👍
Yes, you're right; it was an oversimplified example. ROI changes based on when we break the investment. This was already mentioned in the text during the calculation.
Banks allow to break the FD at the same rate of interest to reinvest the amount in their special tenure FDs.
Bro,Bank FD interest chart la, topla 7-14 days ku 3% interest nu potrukku athu unmaya.
3% per annum.
Yes. But that rate is for annum. Meaning your effective interest rate is =3%/(14/365)
@@finance.boosansame reply boosan..😅
14 days la FD matured and we get 3% interest. Then we open a new FD for same 14 days in the same year
( Principle x 0.03) / 365 is what u get per day
FD laddering video needed bro
bro, fd la invest panna pora amount unpaid taxed amount and without source of income ah irundhuchu na accept pannipaangala ?
😂
Fake id with black money
@@bharanidharsanthi6007 Not black money bro, understand a middle class person or coolie somehow saved 10l in his career wants to make 5k per month to support his retirement life.
@@bharanidharsanthi6007 Bro, understand that a middle class coolie person who earned 10l in his entire career, wants to put it in fd expecting 5k per month to support his retirement life.
Bro please make a video on fd laddering
Bro, enakku oru doubt. 10 years la 50L goal ah achieve panna MF la invest pannitu varumpothu, correct ah 9th year la Market crash aachu na enna panna?
Market crash aachuna innum neraiya invest pannunga epdiyum one year recover aaidum neenga nenacha profit vida adhigama achieve panlaam
@@Rishi9361 No 1 year la romba recover aagathu
@@oneplus4105 election result crash eh one week later recover aaiduchu summa pesadha bro therinja maari
@@Rishi9361 Election result appo vantha crash vera.. Covid, Overall Economy problem naala Market crash aana recover aaga romba time aagum. Neegha ellam therinja maathiri pesathinga
Hi bro,
In 8 years - you may get approximately 100% return in mutual fund
In 9th year of your investment, as you said if it falls 20%, you will get 100-20= 80% profit which is good compared to FD. At that point if you have fear, you can consider exit from mutual fund.
No one can predict or time the market bro. We have to take our final decision
First like boosan, nice one
FD laddering required
Bro - How about Bond gov or corporate bonds
How to Invest in BONDS? Things to see before investing in Bonds | What Platform Do I use?
ua-cam.com/video/hxDrKQf8vWE/v-deo.html
@@finance.boosan thank you so much bro
Fd laddering video pls
Bro can you explain Linked/Sweepin FD?
A sweep-in facility automatically transfers funds from your Fixed Deposit to your Savings Account whenever the balance is insufficient for a purchase or transaction, without affecting the interest rate on your Fixed Deposit.
@@finance.boosan thanks bro 👍
Why sir FD? bonds awailable now thanks ❤
Bro plz do FD ladder video.
FD Ladder details Please
not an useful video it's just another paid promotion 😒
Why do u think everyone is generously coming to share their knowledge or ideas on social media platform? Why not go make money. Why r they wasting their time explaining it to others. Bcoz To make more money of course!!
Agree!
please do fd laddering video
Bro put video about FD ladder
Highly inspired by ur financial literacy
FD ladder sollunga
Good one bro😎
need video for FD laddering
make video on FD laddering
Anna❤ Ajay here. Thalaivan
Fd laddering video podunga bro
needed fd laddering
FD laddering pathi solunga bro
FD ladder need video
True 🎉
Anyone invest #postoffice fd?
need fd laddering
FD LADDERING VIDEO PLZ
FD laddering please
But videos about bond Market
How to Invest in BONDS? Things to see before investing in Bonds | What Platform Do I use?
ua-cam.com/video/hxDrKQf8vWE/v-deo.html
FD LADDERING IN DETAIL
Fd laddering method
This one looks like created just to promote stablemoney
fd laddering
Fd laddering video
Before your videos were good..now only for promotions...
Fd ladering
FD laddering
Fd laddering
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Fd Laddering
FD Laddering
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