Showing posts with label Where To Park Excess Cash. Show all posts
Showing posts with label Where To Park Excess Cash. Show all posts

Saturday, 17 May 2014

Where To Park Excess Cash

Parking Your Cash :-

Bank Fixed deposits/Post office deposits: Save money for months as you like. Minimum 6 months to 10 years
Savings Accounts: You can park your money. You will get less interest.
Current Account: Business people can park money.
Short Term Funds: Just like mutual funds. You can invest money for Short term(less than 365 days).
Company bonds: Usually you will get more interest on company bonds.
India Government Security Bonds: You can park your money for good interest and security.






Based on India Banking System.