One thought on “Save More Money with Flexi Loan or Earn Interest from Fixed Deposit?”

  1. Simple calculation is 6.6-2.2=4.4%. Means 4.4% VS 3%.
    Obviously, flexi loan is better then FD.
    BTW, flexi loan has to waive minimum amount, home is 1k, shop is 5k. The minimum amount can’t be used to reduce 4.4%. In additional, flexi loan also charge $10 per month. Therefore, shop investment pay additional $(150+120) per year. The breakeven point is 19286*1.4%=270. In conclusion, at least 5k+19286=$24,286 need to deposit into flexi loan acc, else turn to loss.

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