Long Term Schemes

certificate of deposit

What is a Certificate of Deposit? How should I invest?

The Government of India needs money to meet its financial requirements. They approach the general public to raise money. They can raise funds by offering different financial instruments for both short term and long term. However, there are very few...


Voluntary Retirement Scheme (VRS)

In times of economic adversity, companies resort to various measures for cutting down costs. Reducing their workforce under Voluntary Retirement Scheme (VRS) is one such step that helps them improve productivity and profits. Companies of both public and private sectors...

sovereign gold bonds

Sovereign Gold Bonds (SGB) 2023-24

Gold is an asset that holds emotional and social value in India. It is the most coveted asset that is also considered an auspicious investment. But holding physical gold comes with its own set of risks and costs. Hence, the...

SBI Senior Citizen Savings Scheme Interest Rate

SBI Senior Citizen Savings Scheme

Financial security is a concern for the old and aging. Generally, they lock away funds in FDs or some other safer forms of investment. Though these schemes are safe, they do not generate a lot of return. The Senior Citizen...

pension act

Pension Act

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...

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Savings Scheme Articles

General Provident Fund (GPF) Interest Rates

Provident Fund is a traditional and popular savings scheme in India. There are three types of Provident Fund in India - General Provident Fund (GPF), Public Provident Fund (PPF) and Employees Provident Fund (EPF). However, the features, contributions, benefits and...

best pension plan

Best Pension Plan in India

Life comes with no guarantee. We live in a completely unpredictable world where we have no clue about the future. With increasing life expectancy it becomes of utmost importance to plan your retirement now and secure your future. Retirement means...