Savings scheme

The DFs of the post offices offer a better interest than the banks; Know the details

Postal Savings Plan: Fixed deposits have a different kind of relationship with the middle class and the elderly in India. For a very long time, fixed deposits have been the investment option of choice for the Indian middle class. For the average middle-class Indian citizen, investing in good schemes with attractive fixed interest rates remains […]

Savings scheme

Invest in these programs to get a better return than FD; Know more

Postal Savings Plan: Investing in a good savings plan has always been a priority for the middle class in India, who mainly seek to invest in a policy with a high interest rate and guaranteed returns. While fixed deposits in banks meet this need, the interest rate and tax benefits are not as high as […]

Savings bank

What are the transaction limits on the Post Office Savings Bank (POSB) account?

Classroom oi-Vipul Das | Posted: Tuesday January 18th 2022, 11:24 AM [IST] Most bond investors are familiar with post office programs, which offer higher interest rates than bank accounts. Even the initial deposit limit is minimal and customers, especially senior citizens, seek postal systems as the most attractive investment instrument. However, the transaction limits of […]

Savings scheme

PPF, NSC rates for other small savings remain unchanged: check rates here

On Friday, the finance ministry kept interest rates on small savings plans including the Public Provident Fund (PPF) and Sukanya Samriddhi Yojana (SSY), other post office plans unchanged for the fourth quarter of exercise 22 amid increasing cases of the more contagious variant of the Omicron coronavirus and high level of inflation. ” The interest […]

Savings bank

Cambridge Savings Bank introduces money management – a tool for consumers to improve their financial well-being

CAMBRIDGE, Mass .– (COMMERCIAL THREAD) –Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $ 5 billion in assets, unveiled its personal finance visualization tool, Money management, to complement the suite of digital and user-friendly resources available to CSB and Ivy bank customers. CSB presented its Money Management tool, in […]

Savings scheme

PPF, the other small savings rates remain unchanged. Check the rates here

The finance ministry on Thursday kept interest rates on small savings plans including the Public Provident Fund (PPF) and Sukanya Samriddhi Yojana (SSY), other post regimes unchanged for the sixth consecutive quarter for the quarter October-December. This means that the interest rates earned in the July through September quarter of fiscal 22 will be the […]

Savings scheme

PPF, NSC, Postal savings rate unchanged. Check details

Written by Shankhyaneel Sarkar | Edited by Poulomi Ghosh, Hindustan Times, New Delhi The Union’s finance ministry said on Thursday it was maintaining interest rates on small savings schemes such as the Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY) and other postal schemes. This is the sixth consecutive quarter (October-December) that interest rates have […]

Savings scheme

PPF, the interest rates of other small savings plans remained stable for the September quarter. Details here

In a huge relief for small investors, the Center has kept interest rates on small savings plans, including NSC and PPF, unchanged for the second quarter of 2021-2022 amid the ongoing coronavirus pandemic. This is the fifth quarter (ending September 30, 2021) in a row that the Ministry of Finance is maintaining the interest rate […]

Savings scheme

Seniors Savings Plan 2020: all you need to know

To get the best return while building wealth, you need to combine both high risk and high return funds as well as low risk and fixed return investment options. People over the age of 60 and looking for places to keep their savings safe after retirement while earning a moderate rate of return, typically land […]

Savings scheme

Best investment options for seniors: Senior Citizen Savings Scheme (SCSS), Fixed Deposit to GoI Bonds during COVID19

The financial lives of older people have been affected by the coronavirus outbreak and the lockdown that followed, as they typically manage their investments through visits to banks or post offices. Best investment options for seniors during the coronavirus pandemic: The financial lives of older people have been affected by the coronavirus outbreak and the […]

Savings scheme

Post Office Elderly Savings Scheme Against State Bank of India Fixed Deposit (FD) Interest Rate

Elderly Savings Program (SCSS) offered by India Post or Post Department and State Bank of India (SBI) Elderly Fixed Deposit Accounts (FD) are some of the investment options available for the elderly. The Senior Savings Plan (SCSS) can be opened by a natural person aged 60 or over. A person aged 55 or over but […]