Saving Schemes Articles

What is PM Kisan Samman Nidhi Yojana? The PM Kisan Samman Nidhi Yojana is a Central Sector Scheme that offers income support to landholding farmers' families in India. This scheme provides farmers with additional financial assistance to help them purchase...

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...

Universal Account Number (UAN) is a 12 digit unique number that the Ministry of Employment and Labour issues under the Government of India. The UAN is useful to access various facilities on the Employees’ Provident Fund Organisation (EPFO) portal. The...

About Capital Small Finance Bank Recurring Deposit(RD) On April 24, 2016, Capital Small Finance Bank Limited, previously Capital Local Area Bank, commenced operations as India's first small finance bank. The Bank pioneered modern banking facilities for rural areas at low...

About UCO Bank Recurring Deposit You can add to your savings with the UCO Recurring Deposit at your convenience. With your regular paycheck, you can begin saving any fixed amount each month, ranging from 100 to less than 10 Lakh....

What is SCSS? Senior Citizens Savings Scheme (SCSS) is a post office savings scheme for senior citizens that offers safety and regular income to its investors. It is also a tax saving plan. It suits retired investors looking for a...

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...

Retirement planning is not just crucial for today’s investors but also a topic that demands well-informed decision-making. Having said that there are investment options available for an investor like mutual funds, NSC, SCSS, NPS, and so on. Almost all investment...