If you have been following the bond market, then you would have noticed that the bond yields are rising across the world. But do not wait for higher rates on small saving schemes.
PPF withdrawal rule says that a PPF account holder can close the account subject to fulfillment of certain terms and conditions provided the account has completed five complete financial years.
Earlier last year, the Employees'' Provident Fund Organisation (EPFO) had allowed its members to withdraw COVID-19 advance to meet exigencies due to the pandemic.
The amount will be debited for those who have enrolled for the Pradhan Mantri Suraksha Bima Yojana scheme.
From scanning for the best deals on the latest iPhone to using cabs instead of own vehicles, the rich are prudent with their money. Want to know how? Watch this video.
Depending on the account, the minimum average quarterly balance (AQB) varies. The AQB must be Rs 5,000 and Rs 50,000 in urban areas for Standard Savings Account and Premium Savings Account respectively.
While linking Aadhaar with SBI account is not mandatory for availing general banking services, customers will have to mandatorily link SBI account to Aadhaar if they want to receive any government subsidy via direct transfer benefit
The government has an array of diverse schemes to inculcate the habit of steady savings with dependable returns among small-scale investors
Canara Bank will offer a 2.95 percent interest rate for term deposits with a maturity period 7-45 days. The bank will give 3.9, 4 and 4.45 percent for FDs with maturity period 46-90 days, 91 days to 179 days and 180 days respectively to less than 1 year after the revision.
Trying to figure out the impact of #Budget2021 on your #PersonalFinance? Check out this quick breakdown in a one-on-one discussion with Mr Homi Mistry, Partner - Deloitte India, and Moneycontrol's Kayezad E. Adajania
Finance Minister Nirmala Sitharmana in her Budget speech announced that filing tax returns will not be required for those of 75 years of age or above as pension and interest income is the only source of income for them.
Find out latest RD interest rates in SBI versus Post Office and a quick comparison on other key features
If you are faced with a financial crunch due to the COVID-19 crisis, you can now dip into your employee provident fund (EPF) corpus. The Employees’ Provident Fund Organisation has opened up withdrawals from the account after receiving government approval. Read on to find out answers to all your questions on withdrawing from the EPF account
National Pension System and Employee Provident Fund, both the retirement options are overseen by the government but they differ from each other on various parameters. So, which one is better? And how much money can one withdraw upon reaching the retirement age? Watch the video to find out
Most of the salaried employees love EPF due to tax-free and secure returns, ease of investing and withdrawal benefits. But there is a way to increase the contribution towards EPF and voluntarily contribute more towards the retirement corpus. So, should one opt for VPF? Watch the video to find out.
Find answers to all your questions on post office PPF account such as how to open an account, latest interest rates on PPF, how to make PPF deposits online etc.
The year 2020 will definitely go down in history for all the wrong reasons with the pandemic affecting millions of lives across the globe. But the good news for stock market investors is that despite all the volatility, we are likely to end the year on a record high note. Looking back at 2020, here are some key learnings that we would like to share as we step into the new year.
SBI had introduced the special fixed deposit scheme to offer a better interest rate to senior citizens on FDs of certain tenor.
The new code of wages devised by the Centre will kick in from April 1, 2020. Here is how it will impact your salary, savings, and your retirement kitty.
If you want to opt for personal loans, here is the list of banks you can refer to which are offering the cheapest personal loans to you. Interest rates on personal loan for all listed (BSE) public and private banks have been considered for the data compilation. EMI is calculated on the basis of interest rate mentioned in the table for Rs 5-lakh loan with tenure of five years (processing and other charges are assumed to be zero for EMI calculation). Interest and charges mentioned in the table are indicative and may vary depending on bank's terms and conditions.
Read on to know what the PM Jeevan Jyoti Bima Yojana covers and whether you are eligible to apply for it
It’s easy to understand where equity funds invest and how they generate returns. But debt markets work differently. Find out more here.
In India, buying gold is considered auspicious during Dhanteras and Diwali and gold prices have appreciated by a whopping 32 percent since the festival season in 2019. Here's how investors should plan to buy gold this year.
With a rising number of cloning cases of debit cards while using it to withdraw money from ATMs, the likes of State Bank of India, Bank of India, HDFC Bank, ICICI Bank, AXIS Bank etc. now allow the card-less cash withdrawal facility.
Check out these banks that offer 8% fixed deposit interest rate for senior citizens