English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

i have some money that i do not want to keep it at home as recently india is not so safe for non_indians!i just want to know which bank in india is the safest and i can get more intrest on my money?american express?ICICI?...please let me know!thanks

2006-08-15 04:28:00 · 7 answers · asked by student 2 in Business & Finance Investing

7 answers

emigrant direct 5.15%
you can get an account if you are american

2006-08-15 04:35:10 · answer #1 · answered by Queen Nefertiti 3 · 0 0

Indian houses are not that unsafe even today, as you have thought. However, keeping money at home is a fruitless step and must be avoided. Being an investment and insurance care consultant, I would not advise you to keep the money at home. The money must be divided into various schemes offered by mutual funds, insurance *** investment companies, reliable banks and so on. Nationalised banks are the safest, although they may give a little less interest as compared to other banks and co-operatives. ICICI offers 6-7% returns now on FDRs. Co-operatives offer approximately 8%, but there is some amount of risk in investments above 1 lakh in one bank. Best thing would be to consult a proper, experienced person before taking any step of risky investment. It also depends upon the term of investment, lock in period tolerable to what extent and so on.

2006-08-19 18:27:30 · answer #2 · answered by stratovious 1 · 0 0

The notion that non-Indians' finance is unsafe in India is not right. You can open NRI (external) saving A/c with any nationalized (State Bank of India, Bank of Baroda, Bank Of India, Union Bank etc), private banks (ICICI Bank, UTI Bank, HDFC Bank etc) or Foreign banks (HBSC, CITI Bank etc). No Income or wealth tax and no questions asked about source of deposit. But you can deposit only foreign currency. Please clarify about rules with the Bank you are going to contact/open such account.

2006-08-22 19:26:12 · answer #3 · answered by navind 4 · 0 0

Standard Chartered and HSBC are good, safe banks,multinational banks, with headquarters in US and UK
In those parts of the world, the last fraction of a % in interest, is not the most important consideration.

2006-08-20 03:32:34 · answer #4 · answered by Anonymous · 0 0

hi, i think of financial employer grant very low pastime value. Many reliable agencies grant greater helpful pastime value. See source a million despite the fact that, in case you nonetheless desire to decide for a financial employer FD, try HDFC FD see source-2

2016-12-17 11:17:55 · answer #5 · answered by ? 4 · 0 0

thanx for the 2 points

2006-08-22 06:45:59 · answer #6 · answered by Anonymous · 0 0

icici

2006-08-15 04:32:58 · answer #7 · answered by wing_gundam 3 · 0 0

fedest.com, questions and answers