The post office offers several savings schemes suitable for individuals who wish to save small amounts of money. Among these schemes are options that are specifically tailored for women. In 2023, during the Budget presentation, Finance Minister Nirmala Sitharaman launched the Mahila Samman Saving Certificate Scheme, which offers women an excellent investment opportunity with good
ONDC is set to launch a range of financial products alongside its existing food and grocery services. The Indian government’s new digital platform, the Open Network for Digital Commerce (ONDC), is preparing to offer users a one stop shop for services such as personal loans, insurance, mutual funds, and groceries. The infrastructure for this platform
Life Insurance Corporation (LIC) has introduced various procedures to help policyholders stay updated with their insurance policies. By registering with LIC e-Services, you can easily check your policy status regularly and avoid paying fines. In the past, these services were only available at LIC branches, but now they offer a wide range of features online.
Numerous individuals are investing in the savings scheme offered by the central government to ensure financial security for their female children. Many are choosing to deposit their money in Sukanya Samriddhi accounts. However, if you want to check your SSY account balance without visiting the bank, you can easily do so online. Sukanya Samriddhi Yojana
Looking to save on income tax? Utilize Section 80C and save up to Rs. 1.5 lakhs. Want to know how? Check out tax-saving schemes… It is known that during the 2023 budget, the central government has provided a significant tax relief to wage earners. As per the new tax regime, individuals earning up to Rs.
Bajaj Finance Ltd. is a part of Bajaj Finserv, one of the largest financial services groups in the country. Recently, they have introduced a Fixed Deposit (FD) scheme with special rates of up to 8.85% on deposits made through their app and website. Starting from January 2, 2024, senior citizens who book FDs for a
Did you forget your Universal Account Number (UAN) for your Provident Fund (PF) account? Don’t worry, you can easily retrieve it online… An EPF account is available for employed people which requires a regular monthly deposit. The account details can be accessed through the UAN number. However, if you forget your UAN number, you can
The Union government of India provides several schemes for its citizens, one of which is the National Pension System (NPS). By investing up to Rs. 2 lakh, you can save on taxes and accumulate a substantial amount of funds that can be used for your retirement. This NPS system can help you receive a significant
Home loan Interest Rates can vary from bank to bank and even from person to person. Factors such as credit score, income, tenure, and MCLR can all affect the interest rates offered. That’s why it’s important to compare the interest rates offered by various banks for loans above 75 lakhs. Below is a comparison list
Starting from 1st February, bank customers in India can transfer up to Rs. 5 lakh via IMPS without providing their account number or bank IFSC code. New regulations are set to simplify banking services for customers. These regulations will come into effect from February 1, 2024, and will bring changes to the Immediate Payment Service