Savings scheme

Interest rates on PPF, NSC, Sukanya Samriddhi and Savings Plan for Seniors have been reduced. Details here

The Ministry of Finance announced Wednesday a drop in interest rates for small savings plans. According to the ministry circular dated March 31, interest rates on small savings have been reduced by 50-100 basis points for the April-June quarter of fiscal year 2021-22. The interest rates for small savings plans are reviewed and communicated by […]

Savings scheme

Siply Launches Affordable Gold Savings Program With High Returns For The Masses

The unique program is designed to make participation in Gold Savings programs a reality for underserved Indians, with very low monthly payments and above average returns. BENGALURU, India, March 24, 2021 / PRNewswire / – The Siply micro-savings fintech platform, which offers “sachet-style financial services” for 40 crores Underserved Indians, announced today the launch of […]

Savings scheme

Tax savings for seniors | Savings Plan for Seniors vs PMVVY: Knowing the Best Investment Option for You

Savings Plan for Seniors vs PMVVY: Knowing the Best Investment Option for You New Delhi: Seniors have become the biggest victim of this drop in repo rates as FD bank rates have fallen. As seniors mainly depend on their own income, their income has dropped by up to 30% over the past year, making it […]