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Home Education #6. A blend of Bank deposits and Company deposits

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#6. A blend of Bank deposits and Company deposits

Wednesday, April 11, 2018, 7:13 AM

If you are looking at safety and security for your child, you can go for a combination of high-quality company FDs, and bank FDs. For example, there is the KTDFC Company FD, which is offering an interest rate of 8.25%, against banks which are offering a rate of just 6 to 6.5%. Another is Deutsche Bank, which offers an interest rate of 7.75% per annum.
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