Topics | Search Log Out | Register | Edit Profile
Hide Clipart | Banned/Unbanned User Log | Moderator Login History | Thread Delete/Move Log | Last 30 mins | 1 | 2
R u still saving in a US bank?

Chalanachithram.com DB » TF Industry related » Archive through February 15, 2013 » R u still saving in a US bank? « Previous Next »
Author Message
 

Gotcha
Hero
Username: Gotcha

Post Number: 10176
Registered: 02-2008
Posted From: 99.33.1.73

Rating: N/A
Votes: 0 (Vote!)

Posted on Thursday, February 14, 2013 - 09:58 pm:       

Bushu
8% ekkada babu official inflation is 10.5 %. India lo savings chesukovadam amayakatvan, either invest or buy something which grows with inflation.

Vjawarrior
Say u save and got 9.75 and if u dont consider inflation u have to pay uncle sam 30% on it so ur net savings is 6%. While convertibg to dollars to rs and reconverting back to dollars u wight loose another 1 percent so ur totsl gsin is 5%. Ippudu deeni meeda inflation esi chudu
This real estate is for sale.
 

Bushu
Side Hero
Username: Bushu

Post Number: 6197
Registered: 04-2009
Posted From: 24.61.12.115

Rating: N/A
Votes: 0 (Vote!)

Posted on Thursday, February 14, 2013 - 09:55 pm:       


Vjawarrior:

by having a NRE account...u get 9% interest...repatriable...not taxed at source..




exchange rate lo entha dobuthadhi?

ainaa, nee lanti trader 9% tho kush avudendhi? india lo evadu 30% ki thakkuva matladadu.
balupu s/o gelupu
 

Vjawarrior
Side Hero
Username: Vjawarrior

Post Number: 5449
Registered: 02-2011
Posted From: 98.230.188.189

Rating: N/A
Votes: 0 (Vote!)

Posted on Thursday, February 14, 2013 - 09:44 pm:       


Bushu:


india lo inflation 8%, neekochey return 9.5% - so net 1.5% annatlu. :D

dhaniki thodu dollraan loko convert sesinaavantey inkaa banduu.



i feel usd will not raise any more from these levels....54/55 max....
also USA lo banks hardly give anything....whts the point in keeping it here...
by having a NRE account...u get 9% interest...repatriable...not taxed at source....
I dont know what the problem is....
Naakonchem tikkundi...kaani daanikoka lekkundi...
 

Bushu
Side Hero
Username: Bushu

Post Number: 6194
Registered: 04-2009
Posted From: 24.61.12.115

Rating: N/A
Votes: 0 (Vote!)

Posted on Thursday, February 14, 2013 - 09:41 pm:       


Vjawarrior:




india lo inflation 8%, neekochey return 9.5% - so net 1.5% annatlu. :D

dhaniki thodu dollraan loko convert sesinaavantey inkaa banduu.
balupu s/o gelupu
 

Vjawarrior
Side Hero
Username: Vjawarrior

Post Number: 5444
Registered: 02-2011
Posted From: 98.230.188.189

Rating: N/A
Votes: 0 (Vote!)

Posted on Thursday, February 14, 2013 - 09:06 pm:       


Dma:


Even if it were a little lower at SBI than KVB, I would go with KVB.



didint get ur logic....i thought sbi being apublic venture is more safer
Naakonchem tikkundi...kaani daanikoka lekkundi...
 

Vjawarrior
Side Hero
Username: Vjawarrior

Post Number: 5443
Registered: 02-2011
Posted From: 98.230.188.189

Rating: N/A
Votes: 0 (Vote!)

Posted on Thursday, February 14, 2013 - 09:05 pm:       


Gandhiguevara:

Another big positive of an NRE account is that the interest earned from an NRE account is fully exempt from income tax.


bonghem kaadhu



so waste antaava gagu
Naakonchem tikkundi...kaani daanikoka lekkundi...
 

Gandhiguevara
Legend
Username: Gandhiguevara

Post Number: 37640
Registered: 10-2009
Posted From: 98.194.214.250

Rating: N/A
Votes: 0 (Vote!)

Posted on Thursday, February 14, 2013 - 08:46 pm:       

Another big positive of an NRE account is that the interest earned from an NRE account is fully exempt from income tax.


bonghem kaadhu
 

Dma
Side Hero
Username: Dma

Post Number: 8186
Registered: 11-2009
Posted From: 70.184.123.211

Rating: N/A
Votes: 0 (Vote!)

Posted on Thursday, February 14, 2013 - 08:44 pm:       


Vjawarrior:

but sbi also is giving a good rate...




Even if it were a little lower at SBI than KVB, I would go with KVB.
 

Vjawarrior
Side Hero
Username: Vjawarrior

Post Number: 5442
Registered: 02-2011
Posted From: 98.230.188.189

Rating: N/A
Votes: 0 (Vote!)

Posted on Thursday, February 14, 2013 - 07:52 pm:       


Dma:

How about Karur Vysya Bank? How much are you protected for?



rite....i donno how safe kvb is.....so asking...
but sbi also is giving a good rate...
Naakonchem tikkundi...kaani daanikoka lekkundi...
 

Dma
Side Hero
Username: Dma

Post Number: 8185
Registered: 11-2009
Posted From: 70.176.173.118

Rating: N/A
Votes: 0 (Vote!)

Posted on Thursday, February 14, 2013 - 07:16 pm:       

in US, your investments are covered upto 100K. So, a common man is protected.

How about Karur Vysya Bank? How much are you protected for?
 

Vjawarrior
Side Hero
Username: Vjawarrior

Post Number: 5441
Registered: 02-2011
Posted From: 153.2.247.32

Rating: N/A
Votes: 0 (Vote!)

Posted on Thursday, February 14, 2013 - 05:57 pm:       

Karur Vysya Bank is giving 9.5% interest rate on NRE deposits...
http://www.kvb.co.in/global/non_resident_NRE_deposits.html

karur vysya bank safe bank ena....
Naakonchem tikkundi...kaani daanikoka lekkundi...
 

Vjawarrior
Side Hero
Username: Vjawarrior

Post Number: 5440
Registered: 02-2011
Posted From: 153.2.247.32

Rating: N/A
Votes: 0 (Vote!)

Posted on Thursday, February 14, 2013 - 05:45 pm:       

if so...u r losing big on the interest amount....
Check this link:
http://www.moneycontrol.com/news/fixed-income-bank-deposits/ exploring-different-typesnri-accounts_727014.html
Naakonchem tikkundi...kaani daanikoka lekkundi...

Add Your Message Here
Post:
Bold text Italics Underline Create a hyperlink Insert a clipart image HASH(0x77bef8){Movie Clipart}
Show / hide regular icons selection options

Click on following links to open cliparts by Alphabetical Order

 A   B   C   D   E   F   G   H   I   J   K   L   M  

N   O   P   Q   R   S   T   U   V   W   X   Y   Z  

Show / Hide Filmy icons selection options

Click on following links to open cliparts by Alphabetical Order

  A   B   C   D   E   F   G   H   I   J   K   L   M  

N   O   P   Q   R   S   T   U   V   W   X   Y   Z  

Username: Posting Information:
This is a public posting area. Enter your username and password if you have an account. Otherwise, enter your full name as your username and leave the password blank. Your e-mail address is optional.
Password:
E-mail:
Options: Enable HTML code in message
Automatically activate URLs in message
Action: