Saving Schemes Articles

With poverty and unemployment still at alarming levels in India, the government of India, in collaboration with the Ministry of Rural Development, launched the Deen Dayal Upadhyaya Antyodaya Yojana in an attempt to make Indian citizens self-sufficient by providing them...

The Government of India recently gave the start-up sector a much-needed boost by introducing the Credit Guarantee Scheme for Startups. The scheme is part of the Startup India action plan. It would allow firms to borrow money without putting up...

The Government of India (GoI) established the Credit Guarantee Scheme for MSE Micro and Small Enterprises (CGS). The aim is to provide collateral-free credit to the micro and small business sector. Existing and new businesses are also eligible for coverage...

The children’s future is of utmost importance for every parent. They start planning and investing for their children’s higher education, marriage, etc. There are multiple schemes through which parents can invest and align their financial goals. Also, there are children...

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...

Retirement plans help you in being financially independent post your retirement. Once you retire the fixed and regular flow of money stops. Without any savings and investments it will be difficult to manage your necessities and lifestyle. Moreover, with the...

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...

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...