Saving Schemes Articles

Gold is an asset that holds emotional and social value in India. It is the most coveted asset that is also considered an auspicious investment. But holding physical gold comes with its own set of risks and costs. Hence, the...

The small savings scheme interest rates are decided by the Ministry of Finance every quarter. The interest rates of small saving schemes are announced every quarter. This article covers various small savings schemes and small savings scheme interest rates in...

What is Skill India? Mr. Narendra Modi, Prime Minister of India, launched the Skill India Mission in 2015, as part of his aim to help India become "Atmanirbhar" (self-reliant). The goal of this project was to establish and implement comprehensive...

Financial security is a concern for the old and aging. Generally, they lock away funds in FDs or some other safer forms of investment. Though these schemes are safe, they do not generate a lot of return. The Senior Citizen...

About State Bank of India Recurring Deposit SBI RDs are investments that allow investors to save small amounts regularly. The bank has a tenure of 12 months to 10 years, and the interest rates vary with the tenure. SBI RD...

SBI Public Provident Fund (PPF) is a popular long-term investment option scheme in India. The Government of India offers attractive interest rates and returns with safety through this scheme. Returns you earn from PPF are fully exempt from tax under...

National Pension System (NPS) is a Central Government initiative to encourage retirement savings. Pension Fund Regulatory and Development Authority (PFRDA) regulates this long term investment scheme. The returns from NPS are not guaranteed and are market linked. This article covers...

What is the Sankalp Scheme in India? The Ministry of Skill Development's Skill Acquisition and Knowledge Awareness for Livelihood Promotion ("Sankalp") initiative is funded by a World Bank loan. It strives to increase short-term skill training in terms of quality...