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PMAYG – Pradhan Mantri Awaas Yojana Gramin

What is PMAYG? The development of rural India is equally important for the progress of the nation. Unavailability of resources and poverty has in fact forced people in these areas to live in unhygienic conditions. Enhancing the quality of life...

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Pradhan Mantri Jan Arogya Yojana in India 2021

The progress of a nation depends on the welfare of its people. The government of India accordingly launched several healthcare schemes time and again. However, the aim to strengthen the healthcare framework of the country was not achieved. Similarly, Ayushman...

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Atal Pension Yojana in India

What is a Pension? A Pension provides a monthly income to the people during their retirement years. It helps the retired individuals in earning a regular income while being financially stable. A better pension plan helps individuals in the following...

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Section 80E – Income Tax Deductions on Education Loan

With the increasing need and demand for higher education among the student there lies a huge cost of such higher education. Usually, an education loan is taken by the student and repaid after completing the education. Once a student land...

What are the NAV applicability norms in mutual funds starting from 1st February 2021

This is in relation to a SEBI circular published on 17th September 2020, on the Uniformity in the applicability of Net Asset Value across various schemes upon realization of funds

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Monthly Income Fixed Deposits Scheme

Fixed Deposits or FDs are one of the most popular and traditional savings instruments in India. Investment in an FD can be made for a few weeks to few months or few years at a fixed interest rate. In this...

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Types of Banks Accounts in India

Indian banks offer multiple types of accounts for different purposes. Whether one is working, or a student, an entrepreneur, a partnership firm, or an NRI, each one has several options to choose from. Bank accounts vary based on purpose, frequency...

Senior Citizen FD Rates

Senior Citizen Fixed Deposit

Senior Citizen Fixed Deposits (FDs) are the most lucrative investment instruments for individuals over 60 years of age. These term deposit plans are offered by leading banks at special FD interest rates. The FDs are accompanied by benefits like steady...