IndiaInsurance
31st January 2023, 12:10 PM
https://img.etimg.com/photo/97475458.cms (https://economictimes.indiatimes.com/wealth/invest/dont-get-misled-by-high-fd-yield-of-over-12-know-how-to-check-actual-return-from-fixed-deposits/articleshow/97475458.cms)Some financial institutions and companies even highlight a whopping "annualised effective yield" while advertising their fixed deposits. For instance, a popular small private sector bank is offering an annualized yield of 12.35 per cent for its ten-year fixed deposits. While a 12.35 per cent yield on a fixed deposit is a stellar deal, will you actually get that much return at the end of maturity?
More... (https://economictimes.indiatimes.com/wealth/invest/dont-get-misled-by-high-fd-yield-of-over-12-know-how-to-check-actual-return-from-fixed-deposits/articleshow/97475458.cms)
More... (https://economictimes.indiatimes.com/wealth/invest/dont-get-misled-by-high-fd-yield-of-over-12-know-how-to-check-actual-return-from-fixed-deposits/articleshow/97475458.cms)