21 Jul 2015

How to get best returns on surplus liquid funds

One can park liquid funds in Yes Bank SF account with 7% interest and can save tax on interest earned upto Rs.10000/- giving effective yield @10%,8.75%,7.78% with tax slab of 30,20 and 10% and that too on liquid funds which can be withdrawn... anytime anywhere.Yes Bank pays interest @7% on daily balances if balance exceeds Rs.One lac and @6% if it is below Rs.One Lac. 7% interest is on total balance. Visit http://www.yesbank.in/ .

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