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Need suggestions plzzz...Fixed deposit 40K


ameriprise

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Actuall ga plot kondam ani last 2 years nunchi money save chesa around 40K varaku...but plot konadam kudaraledu...so avi inka na US bank account lone unnayi from last 2 years.....Anavasaranga danni bank lo unchi waste chesthunna kanisam india lo unte Interest anna vachedi...

 

Anyways decided now to do Fixed deposit cheddam anukunna...Plot dorike varaku....Only option to get Interest Fixed deposits eh na ah...... okavela Fixed chesthey NRI account open cheddam anukuntunna....Which NRI account is good , and emanna manchi Interests rates iche Banks details cheppi konchem cheppi punyam kattukondi.....

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1 minute ago, ameriprise said:

Actuall ga plot kondam ani last 2 years nunchi money save chesa around 40K varaku...but plot konadam kudaraledu...so avi inka na US bank account lone unnayi from last 2 years.....Anavasaranga danni bank lo unchi waste chesthunna kanisam india lo unte Interest anna vachedi...

 

Anyways decided now to do Fixed deposit cheddam anukunna...Plot dorike varaku....Only option to get Interest Fixed deposits eh na ah...... okavela Fixed chesthey NRI account open cheddam anukuntunna....Which NRI account is good , and emanna manchi Interests rates iche Banks details cheppi konchem cheppi punyam kattukondi.....

All nri accounts are same

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3 minutes ago, ameriprise said:

Actuall ga plot kondam ani last 2 years nunchi money save chesa around 40K varaku...but plot konadam kudaraledu...so avi inka na US bank account lone unnayi from last 2 years.....Anavasaranga danni bank lo unchi waste chesthunna kanisam india lo unte Interest anna vachedi...

 

Anyways decided now to do Fixed deposit cheddam anukunna...Plot dorike varaku....Only option to get Interest Fixed deposits eh na ah...... okavela Fixed chesthey NRI account open cheddam anukuntunna....Which NRI account is good , and emanna manchi Interests rates iche Banks details cheppi konchem cheppi punyam kattukondi.....

go with SBI

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28 minutes ago, papampasivadu said:

Why do you want to convert that huge amount to Indian currency??

ante rupee eppudu fluctuate avtha untadhi kadha...Are you open to investing that money in the US instead of FD's in India?

I know FD sounds tempting because of the safety and interest rates but okko sari conversion lo fluctuation valla peddha ga em migaladhu.

yeah india ki pamputhe  2% vaddi ki thippukovachu kada...anyhow rupee value will be come stronger.

Thanks to GST due to which indian economy will boost to levels which we never seen before.  So this is the best time USD ni INR loki convert chesukovatam.

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6 minutes ago, nildesparandom said:

yeah india ki pamputhe  2% vaddi ki thippukovachu kada...anyhow rupee value will be come stronger.

Thanks to GST due to which indian economy will boost to levels which we never seen before.  So this is the best time USD ni INR loki convert chesukovatam.

Strong currency ante Indian export companies chasthayi... I don't think even Indian govtvwants that.

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