Bargain buy: Air conditioner

Price is not the same as value. This section highlights the least expensive model in a product category. If price is of no consequence, check out the most expensive model.

Priya Kapoor        Print Edition: April 17, 2008

Price is not the same as value. The most expensive product isn’t always the best value for your money. This section highlights the least expensive model in a product category. If price is of no consequence, check out the most expensive model.

Entry level

LG-LWA12C1AM1
LG-LWA12C1AM1

Price – Rs 13,190

Features – 1-tonne window AC, 12000 BTU/h cooling capacity, rotary compressor, mechanical temperature control, two fan speeds, 4-way air deflection, anti-bacteria filter, evaporator fin, ventilation control, energy efficiency ratio of 9.52

For: Those wanting an AC for a small room, or as a second AC for a large room

Our pick

Whirlpool-WASR18RKO
Whirlpool-WASR18RKO

Price – Rs 23,500

Features – 1.5-tonne wall mounted split AC, 18000 BTU/h capacity, MPFI cooling system, anti-fungus and negative ion filter, remote control, air swing, auto restart, anti-freeze thermostat, quick cool, sleep and refresh mode

For: A value for money—efficient, stylish and less noisy than a window AC

Top of league

O General ASG30A
O General ASG30A

price – Rs 62,990

Features – 2.5 tonne wall mounted split AC, 28000 BTU/h, reciprocating compressor, 620 CFM air circulation, auto shut flaps, programme timer, 3-dimensional air control, auto restart, sleep timer, self-diagnostic function, double auto swing, fire retardant components, automatic air flow adjustment, energy efficiency ratio of 10.46

For: Family rooms or drawing-dining areas, with fast cooling—and a fat price

Purchasing power

Life is rapidly becoming more expensive in the North-east with three cities from the area in the highest inflation list. Shillong has price inflation more than twice the national average. Elsewhere, Shimla in Himachal and Bhavnagar in Gujarat are the least expensive cities to live in.

All-India price inflation 5.2%

Highest inflation rates

Shillong
12.4%
Gulbarga
10.6%
Jaipur
9.7%
Kohima
9.5%
Imphal
8.8%

Lowest inflation rates

Shimla
1.2%
Bhavnagar
1.9%
Mangalore2.5%
Rohtak
2.8%
Vijayawada
2.9%
Figures are percentage annual rise in consumer price index for urban non-manual employees from Feb 2007 to Feb 2008 

 

Rates of relevance

5 fixed deposit rates

Banks
MaturityInterest rate
Tamil Mercantile Bank
400 days
9.75% 
IDBI Bank500 days9.00%
Kotak Bank1 yr to less than 2 yrs9.00%
ICICI Bank590 days8.75%
Dena Bank1 yr to less than 2 yrs8.25%
Source: Bank  Websites 

 

• Bank FDs are still attractive and above the assured 8% offered by fixed return instruments

• If you are risk averse and looking for tax savings, a 5-year FD at a good rate may be still a good time to get in to

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