State Bank of India has reduced it’s interest rate on savings bank account to 3.5%. How can you earn higher than this?

State Bank of India and Bank of Baroda has reduced interest rate on its savings bank account to a paltry 3.5% per annum. If you have a savings bank account with either of these banks, you must be wondering what to do next?

Well, you have now more reasons to keep your money in liquid mutual funds which are completely safe and secure & you can earn 7% – 9%* interest per annum on them, while you earn interest daily on these funds there is no lock-in i.e. you can withdraw your money anytime instantly! Min. amount you need to start off is only Rs. 500. Continue reading “State Bank of India has reduced it’s interest rate on savings bank account to 3.5%. How can you earn higher than this?”

How the realization of a crooked system made Varun start FinoZen and FinoTrust

We Indians take our time in trusting someone, usually because we have heard stories of how our parents were cheated by someone or in our day to day life i.e. when we go shopping or in auto etc. we see that people are trying to fleece money from us (of course with exceptions of some good samaritans!)

The irony of the situation is however that we get around to trusting institutions easily – Continue reading “How the realization of a crooked system made Varun start FinoZen and FinoTrust”