Shubham Bothara

Shubham Bothara

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Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Shubham Bothara, Financial Consultant, Ratanlal Plot, Akola.

04/11/2021

Happy Diwali to all of you ЁЯЩВ

15/10/2021

Happy Dussehra ЁЯЩВ

06/10/2021

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06/10/2021

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03/10/2021

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Photos from Shubham Bothara's post 22/09/2021

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11/09/2021


10/09/2021

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09/09/2021

What is INR 14,00,00,00,00,00,000?
It is whooping Rs. 140 LAC CRORE which is parked in Indian banks as Fixed Deposit (FD) with NEGATIVE NET RETURNS to investors!!!
Even though the deposit may provide 5 to 6% interest/returns but eventually post tax and inflation it is negative return by 3% to investors.
This means if you have invested in FD for necessary short-term purpose then itтАЩs absolutely fine. But if the horizon is long term (more than 2 years) then you are losing your money by - 3% PER YEAR.
Even for an NRI an INVESTMENT IN FD gives NEGATIVE-NET-RETURN post inflation.
So donтАЩt deteriorate you hard-earned money like this, if not mandatory to invest in FD.

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Ratanlal Plot
Akola
444001