What is a Senior Citizen Saving Scheme (SCSS) Interest Calculator? SCSS calculator helps in calculating the maturity amount and interest amount. Senior Citizen Savings Scheme SCSS is among the most preferred investment schemes for senior citizens. The current interest rate...

What is a Retirement Calculator? A Retirement calculator is an online tool that helps in determining the retirement corpus. It is better to start planning the retirement funds needed for a stress-free lifestyle post-retirement and start investing in it. The...

Use this Recurring Deposit (RD) calculator to find out the Interest and Maturity you would earn through a Recurring Deposit offered by Indian Banks and Post Office. Learn also about the best and highest RD interest rates across Indian banks and financial institutions. Did you know that the returns on Recurring Deposits are taxable and that most banks levy up to 2% on premature withdrawal of RDs? As a result, most people make between 3.5-5% returns on their bank’s RD investment.Recurring Deposits are just another form of Fixed Deposits (FD) with a monthly deposit to the account in place of a one time investment.

The National Pension System Lite (NPS Lite) was launched in 2010 to provide financial security for economically disadvantaged people. All eligible citizens from the unorganized sector can apply for this scheme. This article covers NPS Lite, its eligibility, benefits, and...

National Pension System (NPS) is a long-term investment scheme that offers tax-saving and pension benefits. This scheme is regulated by the Government of India and the Pension Fund Regulatory and Development Authority (PFRDA). The returns from NPS are market-linked, and...

The National Pension Scheme (NPS) is a retirement scheme launched by the Government of India that offers tax saving. Pension Fund Regulatory and Development Authority (PFRDA) regulates this investment scheme. The returns from NPS are market-linked, hence not guaranteed. The...

Non-Resident Ordinary (NRO) Account is a bank account for NRIs in India to deposit their Indian income like rents, dividends, and interest. The interest is fully repatriable. However, the principal amount is repatriable subject to certain limits. Also, the interest...

Public Provident Fund (PPF) is the government of India initiative to encourage small savings. The PPF Interest Rate is 7.1% and is announced by the government every quarter. The tenure of PPF is 15 years. Additionally, the scheme also offers...