What is the difference between commercial banks “Time/Fixed Deposit” and BHG-Corp BIP?
FD yields you a return of 1-6% per annum depending on the bank, while BIP will yield you an average of 20% to 32% per month, equivalent to 240% to 384% per annum. You are able to “Surrender” your T/FD contract at anytime and collect back your principal from bank but BHGÃ Â s BIP does not have a “Surrender” policy. You are not able to collect back your principal midway through or even after the completion of the program.
