Saving Schemes Articles

What is the Pradhan Mantri Mudra Yojana (PMMY)? Pradhan Mantri Mudra Yojana (PMMY) is a scheme launched by the Hon’ble Prime Minister on April 8, 2015. The aim is to provide loans upto 10 lakh to the non-corporate, non-farm small...

What is Mahila Samman Savings Certificate? Mahila Samman Saving Certificate (MSSC), a new small savings scheme launched in the Budget 2023 to promote investments among women. MSSC is a single-holder account that can be opened at any Post Office or...

Public Provident Fund is an investment product that encourages small savings. Life insurance policy is an insurance policy that offers protection against unfortunate events like death. This article covers LIC vs PPF, and features of each of the financial products...

The increase in suspicious activities in the financial market has had a negative effect on the financial sector. The increase in financial crime deeply impacts the financial market. Therefore, there was a need to introduce strict procedures to know the...

What is National Savings Certificate (NSC)? National Savings Certificate is a scheme to mobilize small savings. It is regulated and administered by the Government of India through the Department of Posts. The scheme is known as the National Savings Certificates...

About Kotak Bank Recurring Deposit Kotak Bank RDs are investments that allow investors to save small amounts regularly. The bank has a tenure of 6 months to 10 years, and the interest rates vary with the tenure. Kotak Bank RD...

Jeevan Pramaan Patra is an Aadhaar based digital life certificate for pensioners. The pensioners can use the digital platform and get their life certificates. The pension disbursement facilities use this life certificate to credit the pension in the bank account...

About Indian Overseas Bank Recurring Deposit Indian Overseas Bank (IOB) RDs are investments that allow investors to save small amounts regularly. The bank has a tenure of 6 months to 10 years, and the interest rates vary with the tenure. ...