Short time deposit options (Roughly 1.6 or 2 years max).

Q & A Forum › Category: Fixed Deposits › Short time deposit options (Roughly 1.6 or 2 years max).

govkj asked 9 years ago

Hi, I have sum of 8 lacs and i like to deposit for shorter time (roughly for 1.6 years) Can you suggest the different options (Safe options) to do so. I would like to withdraw the amount after 1.6 years for my future purpose.

1 Answers

0 Vote Up Vote Down

Sreekanth Staff answered 9 years ago

Hi, If you would like to invest in safe investment avenue then you may consider Bank Fixed deposit. Suggested readings : https://www.relakhs.com/list-of-best-investment-options-schemes-in-india/ https://www.relakhs.com/debt-funds-types-benefits-risk-vs-return/ https://www.relakhs.com/best-arbitrage-funds-returns/ https://www.relakhs.com/bank-deposits-aware-one-interesting-fact/