3 Months Periodic Saving
3 months Periodic Saving is a very short time to make any money from investments. But don’t be discouraged! There are options if you know how to pick them well. If you want to invest in mutual funds to get a good return, you have to commit for more time. On the other hand, if you choose the stock market, the risk associated is very high!
If you’re one who doesn’t like risking capital, but would like to get a decent return, then a short-term fixed deposit is your best bet. Usually, people who invest in the short-term have large sums of money. They want to earn interest on money that is lying idle for a few days to a few months.
Interest Rate:
Monthly Rate: 9.25%
Quarterly Rate: 9.50%