Saving Schemes Articles

PM Narendra Modi announced the Integrated Ombudsman Scheme for retail participation on November 12th 2021. This focuses on strengthening the customer grievance redressal mechanism. Under the Integrate Ombudsman Scheme, all complaints with respect to banks, non-banking financial companies (NBFCs) and...

About Indian Bank Recurring Deposit Indian Bank recurring deposits RD allow investors to invest in small amounts regularly for a fixed tenure. The Indian Bank recurring deposit rate ranges between p.a. for regular citizens. For senior citizens, the RD interest...

About IDBI Bank Recurring Deposit IDBI Bank RDs allow investors to invest in small amounts regularly for a fixed tenure. The interest rates of IDBI Bank RDs range between p.a. for regular citizens. For senior citizens, the RD interest rates...

About ICICI Bank Recurring Deposit ICICI Bank recurring deposits allow investors to invest in small amounts regularly for a fixed tenure. ICICI Bank recurring deposit rate ranges between p.a. for regular citizens. For senior citizens, the RD interest rates range between p.a. Also, ICICI Bank rd interest rates are...

The National Pension System is a retirement benefits scheme that offers tax saving. This government scheme is a retirement scheme regulated by Pension Fund Regulatory and Development Authority (PFRDA). The returns from the National Pension System are market-linked. Hence its...

EPF Nominee  Every salaried employee in India has an account with Employee Provident Fund Organisation (EPFO). Also, every EPF account holder must have a nominee for their EPF account. This will enable the nominee to withdraw from their EPF account...

An SBI PPF account can be opened across any of its branches across the nation. The return on a PPF account is fully exempt from taxes under Section 80C of the Income Tax Act. Deposits need to be made for...

A Public Provident Fund (PPF) is ideal for small investors looking at creating long-term wealth. You can invest small amounts of money regularly and accumulate a large corpus to fulfill your long-term goals. In fact, you can earn tax benefits...