Best Savings Account Interest Rates for All Banks The following table lists the interest rates on savings account for different banks: 10 Best Banks for Savings Accounts in The savings account is the basic type of account that allows people...

The Public Provident Fund PPF was a scheme launched in 1968 by the National Savings Institute. It is one of the savings schemes offered by the post office. The government backs PPF; hence returns are guaranteed. Public Provident Fund (PPF)DetailsInterest...

Gold is an asset that not only adds value to an investment portfolio but also helps in its diversification. Financial experts suggest that an investment portfolio should have at least 10%-20% of assets invested in gold. The main reason for...

Employee Provident Fund (EPF) is an initiative of the Government of India to encourage savings among Indians. Both employer and employee make equal contribution to the EPF scheme. One can redeem the balance in the EPF account upon retirement, unemployment...

What is a Pension Policy? Pension policy or a pension plan is a financial product that aims to provide financial independence, stability, and security to retired residents and senior citizens. All pension policies have a predetermined and common goal of...

What is the pension rule in India? The pension rules in India are administered by the Department of Pension and Pensioner’s Welfare. The pension rules cover the following acts and provisions. Central Civil Services (Pension) Rules, 1972The Pensions Act, 1871Central...

A Permanent Account Number or PAN is a 10-digit unique alphanumeric code assigned to each individual by the Income Tax Department in India. PAN Card allows individuals to carry out financial transactions and pay tax in India. It also helps...

Net Present Value (NPV) is a capital budgeting technique used to determine an investment's profitability. Internal Rate of Return (IRR) is a financial metric that estimates the return from an investment. Though both NPV vs IRR determine how profitable an...