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Best loan rates in India

Land

  1. Buying a real estate parcel is one of the most seasoned venture choices
  2. The estimation of land may increment/diminish in light of economic situations.
  3. 3. The venture can be recovered just by deal (part deal) of the land, which includes parcel of legitimate issues
land

Land – Pros and Cons

Pros

  1. Construct a settled resource for the purchaser.
  2. Can create wonderful returns if bought at the perfect time and place.
  3. May be used for structures and other property improvement

Cons

  1. Expansive speculation is required
  2. Interest in land can be changed over into money just after finishing all legitimate customs.
  3. The development rate is unverifiable and there is a danger of offering at a misfortune when you desperately require the cash.
  4. There is the danger of infringement.
  5. No Tax benefits.

Gold

  1. Since old times, Gold has been a speculation road and can be changed over into any cash in any nation.
  2. The estimation of gold over the long haul increment at a not too bad rate.
  3. Interests in gold are by and large made in immaculate gold bars or Jewelry.
01-gold-bar

Gold – Pros and Cons

Pros

  1. Gold is a genuine resource for the client.
  2. It has value as a status symbol.

Cons

  1. There is the danger of burglary.
  2. The cost may rise or fall.
  3. The immaculateness of gold can be an issue (particularly in adornments).
  4. No Tax benefits.
  5. 5. Changing over the venture to money is troublesome..

Bonds

  1. Bonds are venture choices offered by both the government and in addition organizations.
  2. When you purchase a gold, then the element who is issuing a bond guarantees to pay back your speculation with returns at an altered period (Generally 5 – 10 years).
  3. It is as though you are giving an advance (Debt) to the guarantor of the bond.
  4. NSC and KVP are cases of bonds issued by the administration.
  5. Bonds are otherwise called DEBTinstruments.
bonds

Bonds – Pros and Cons

Pros

  1. Government bonds are safe form of investment.
  2. There is little chance of loss of capital.
  3. The bonds can be bought and sold in the bonds market.

Cons

  1. They cannot be converted to cash easily.
  2. The growth rate is between 6-8 percent.
  3. Tax benefits are available only on some bonds.

NSC and KVP

  1. The National Saving Certificate and Kisan Vikas Patra are investment options offered by the government of india.
  2. They offer a fixed rate of interest which is revised by the government based on market conditions.
  3. The investment is for six years.
nscnewlive

NSC and KVP – Pros and Cons

Pros

  1. They offer a fixed rate of growth.
  2. Loans are available by pledging them .

Cons

  1. There is no facility for partial withdrawal from the Poast Office.
  2. The interest offered by them has been falling steadily (currently 8 percent).

Post office savings

  1. Post office savings accounts are offered by post offices across India.
  2. It is very similar to a bank savings account, growing at a rate of interest fixed by the government from time to time.
  3. The present rate of interest is 4.5 percent.
post-office-live

PO savings – Pros and Cons

Pros

  1. The money can be withdrawn any time.
  2. The interest is tax free.

Cons

  1. There are no tax benefits on the invested amount.
  2. The rate of growth is very low.

PPF

  1. PPF stands for Public provident fund.
  2. It is offered by the government as a saving option.
  3. The minimum investment is Rs 500 per year.
  4. The maximum investment allowed in a year in Rs 150,000.
  5. The PPF account matures in 15 years. It can be renewed in blocks of five years, thereafter
PPF_investment

PPF – Pros and Cons

Pros

  1. The amount invested in PPF is eligible for Tax deduction under Sec 80C. The interest is also tax free.

Cons

  1. There rate of interest offered in PPF has been falling steadily over the years (From 12 percent to Presently 8 percent).
  2. No partial withdrawals for first six years.