Employees Deposit Linked Insurance Scheme (EDLI)
The future is always uncertain, and being well prepared for it is what we can do today. Insurance is one of the best ways that offer financial support to the family. The Government in 1976 introduced the Employees Deposit Linked...
EPF Contribution Rate for Employee and Employer in 2024
Any employee in India receives the salary after the employer deducts a certain amount of money as of EPF(Employee Provident Fund). One might feel that they are not able to spend their cash-in-hand. However, when a person wants to retire...
Employee Pension Scheme (EPS)
Employee Pension Scheme (EPS) is a social security scheme from the Employees’ Provident Fund Organisation (EPFO). The main purpose of the scheme is to make provisions for employees in the organised sector for pension. However, for a person to be...
Canara Bank PPF
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...
Bank of Baroda PPF Account
Public Provident Fund (PPF) is an initiative of the Government of India to mobilize small savings. It offers tax benefits as well upon investment. One can invest in a PPF scheme at any post office or authorised banks. BOB is...
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Axis Bank PPF Account
The Public Provident Fund (PPF) was launched in 1968 by the Government of India to encourage small savings. The interest rate on a PPF investment is and is announced by the government every quarter. It is a tax saving plus...
Axis Bank NPS: Features, Benefits, and How to open?
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...