Saving Schemes Articles

What is National Pension Scheme? NPS (National Pension Scheme) is an initiative by the Central Government open to employees from public, private and unorganized sectors. Earlier, this scheme was open only to public sector employees. Now, it allows all Indian...

India is a land of possibilities, particularly in terms of trade and business. There is a lot of untapped potential that can be realised with the correct tools. Over 50 startup programmes have been created by the Indian government. The...

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...

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...

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...

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...

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...

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...