Why to Choose Ronnie Finance FD Over Others

Did you know that nowadays, investment gurus are advising their clients to lock their money in Non-Banking Financial Company Fixed Deposits as the Reserve Bank of India is likely to slash interest rates offered by banks on fixed deposits.

Presently, State bank of India is offering an interest rate of 8.75% on fixed deposits with 1-3 year maturity and financial institutions like Ronnie Finance Limited is paying considerably more interest as compared to banks. Ronnie Finance Fixed Deposit Interest rates are as high as 20% annually and is highly lucrative for ambitious entrepreneurs and investors. In addition to this here are some more factors that will inspire you to choose Ronnie Finance FD over others:

Company Quality:

Ronnie Finance Limited Malviya Nagar is a well-known company registered with Reserve Bank of India. The company has good repayment records and is free from all types of financial losses and debts.

Liquidity:

The lock-in period of a company deposit determines how liquid the product is, that is, how easily you can get your money back. Ronnie Finance FD scheme have an initial lock-in of six months. During this period the company does not permit withdrawals. And, in case you want to get your money back, you need to inform the team at Ronnie Finance Limited 30-60 days before the withdrawal.

Interest payments:

Ronnie Finance FD scheme can pay interest monthly and annually. It is like a boon to those who need regular additional income like —freelancers or retirees. However, benefits from fixed deposits with annual interest rates are considerably larger as the interest paid bears 2% bonus making it a 20% ROI rather that 18%.