Ask Money Today: Where do I invest my periodic rental income?

Assuming that the FD interests remain stable for the next two years, you will earn an interest of Rs 1,518 on every Rs 12,000 invested for a period of two years at 6 per cent

Mar 2, 2021,
Updated Mar 2, 2021 11:48 PM IST

I receive 12,000 rent every month, but I am unwilling to put it in the stock market. How much maturity will I get if I put rental amount each month in FD giving 6 per cent interest rate compounded quarterly for two years? What other fixed income option do I choose? Please help me make comparison in figures.

Ask Money Today: Where do I invest my periodic rental income?

Assuming that the FD interests remain stable for the next two years, you will earn an interest of Rs 1,518 on every Rs 12,000 invested for a period of two years at 6 per cent

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