Ashish Karn
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Bank FD vs Stock Market
If you are planning to invest your money somewhere. So first of all options like Stock Market or Fixed Deposit will come in front of you. We are going to tell you about some such banks, which have made investors rich by owning more bank shares than their fixed deposits (FD). With this news, you can make your investment plans better. Also, you can invest in the right place.
Investing in the stock market is very risky, but if you are ready to take the risk, you can become a millionaire and a millionaire from a millionaire in a few months or years. Your money can be doubled. If you make a fixed deposit of your money in the bank for 7 to 30 days. So in this case you will get a maximum return of 3.5%. Means your 1 lakh rupees will become 103500 rupees after one month. On the other hand, if you invest 1 lakh rupees in the shares of these banks before 1 month, then your money can be up to 2.5 lakhs
.
Bank fd vs bank shares
Let us tell you that, you can see the comparison of 1 month returns of shares and FDs of some public sector banks. Just like Uco Bank is paying 2.9 percent interest on fixed deposits for 7 to 29 days, the same bank’s stock has given a return of 145 percent in 1 month. Similarly, the Central Bank of India has given a return of 76 per cent to its equity investors during this period, while 3.25 per cent on FD. State Bank of India has given equal returns in both.
Return on Bank Shares (in %) Return on FD (in %)
UCO Bank 145 2.9
Central Bank Of India 76 3.25
Indian Bank 10.68 2.80
Indian Overseas Bank 77.58 3.25
Punjab National Bank 38 3.50
State Bank of India 3.00 3.00
Fixed Deposit (FD) Interest Rates: ICICI Bank Vs HDFC Bank Vs SBI Vs Kotak Mahindra Bank – NDTV https://t.co/rhdq0xEtGC I think that present situation is different. People have lost their confidence about banking work. So it is better to invest in share market.
— ALOKE KUMAR DAS (@ALOKEKUMARDAS10) February 20, 2018
Must take expert opinion
If you are going to invest money anywhere. Before this, you must take the opinion of a market expert. If you are going to invest money in shares, then you must keep in mind that it is not necessary that your money will always increase. Many occasions come when your money can also be drowned. Money does not sink in the same fixed deposit in the bank. You get decent interest.
