Savings Scheme
Everything You Need to Know About NPS Tier 2 Account
NPS stands for National Pension System. The system offers one of the best retirement plans and is backed by the Government of India. Pension Fund Regulatory and Development Authority (PFRDA) regulates NPS. It is a social security initiative the Government of India took to provide financial security to Indian citizens after their retirement. NPS has ... Everything You Need to Know About NPS Tier 2 Account
- Rohit
- 10 June 2023 • 8 min read
A Step-by-Step Guide to UAN Generation and Activation Process
Unlike visiting the employers to get things done earlier, the Employees Provident Fund Organisation (EPFO) allotted 12-digit Universal Account Number (UAN) now allows an employee to track all the Employees’ Provident Fund (EPF) contributions made during the current and previous employments, check EPF balance, transfer and/or withdraw online from his/her PF account. What is EPF ... A Step-by-Step Guide to UAN Generation and Activation Process
- Anuj Agarwal
- 10 March 2023 • 7 min read
What is SCSS – Senior Citizen Saving Scheme
In the retirement phase, most people desire a stable income with minimal risk to the principal amount since they do not have any active earnings and depend on their earned corpus. To address the financial needs of senior citizens in the country, the Government of India launched a saving scheme for senior citizens known as ... What is SCSS – Senior Citizen Saving Scheme
- Samarth Tandon
- 10 March 2023 • 8 min read
ULIP Plans for Your Child
Unit Linked Insurance Plan (ULIP) offers duality in investment and life cover plans for long-term goals. For ULIP child plans, the minimum entry age in the majority of the plans is 18 years of age. Until then, the plan is maintained by the guardian, which in turn helps to protect the child’s future in case ... ULIP Plans for Your Child
- Animesh Gupta
- 2 February 2023 • 9 min read
Mutual Fund vs PPF: Which is the Better Investment Instrument?
Investors can choose from a range of investment options that are available in the market. During this decision making process it is not unheard of to be confused about whether one should invest in the PPF in order to benefit from its relatively higher capital protection and tax benefits or invest in Market Linked Mutual ... Mutual Fund vs PPF: Which is the Better Investment Instrument?
- Chandhana Padma
- 9 December 2022 • 10 min read
Post Office Senior Citizen Scheme: Features, Benefits and More
The post office Senior Citizen Saving Scheme (SCSS) is a policy that offers retirees an opportunity for investment at reasonable interest rates and can be opened at any post office across India. Senior citizens can invest a lump sum in the plan to get regular quarterly returns with tax benefits. The scheme is an ideal ... Post Office Senior Citizen Scheme: Features, Benefits and More
- Samarth Tandon
- 9 December 2022 • 8 min read
How to Open a PPF Account for Minors?
The public provident fund (PPF) is one of the most popular investment schemes in India. Indians trust the time-tested scheme with their hard-earned money to build a corpus according to their goals. The PPF was first introduced by the central government in 1968, to give commoners a way to convert their smaller deposits into a ... How to Open a PPF Account for Minors?
- Samarth Tandon
- 8 December 2022 • 8 min read
Pradhan Mantri Jan Dhan Yojana: Details, Eligibility, and Benefits.
The Pradhan Mantri Jan Dhan Yojana (PMJDY) is a financial inclusion mission launched by Prime Minister Narendra Modi. It aims to provide countless unbanked Indian citizens access to mainstream financial services. Read on to learn more about Pradhan Mantri Jan Dhan Yojana’s online application procedure, the eligibility criteria and more! What is PMJDY? The objective ... Pradhan Mantri Jan Dhan Yojana: Details, Eligibility, and Benefits.
- Prateek Agrawal
- 8 December 2022 • 8 min read
How to open a Post Office Account Online?
The Department of Post is among one of India’s oldest and most trusted financial institutions. When most of us think about buying stamps and mailing letters, we think about the post office. But it is also the place where you can open up accounts, invest, and save money. It offers various financial services, including savings ... How to open a Post Office Account Online?
- Samarth Tandon
- 3 December 2022 • 9 min read
Small Investment Plans – Everything you should know
Small investment schemes are integral to financial planning in India for wealth creation. Individuals choose investment schemes that are aligned with their short and long-term goals. While short-term goals meet various wish lists, long-term planning looks toward a livable future, especially children education, buying house and retirement. Small investment plans in India are the best ... Small Investment Plans – Everything you should know
- Anuj Agarwal
- 3 December 2022 • 9 min read
