Tue, Sep 05, 2023
The Senior Citizen Savings Scheme is a government-backed savings instrument. The investment option is eligible for tax deductions up to Rs 1.5 lakh under section 80C of the Income Tax Act, 1961.
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Fri, Aug 19, 2022
Sources in the banking industry, however, pointed out that when the Coronavirus pandemic broke out in 2020, both the RBI and banks had cut their deposit rates.
Tue, Feb 26, 2019
Sukanya Samriddhi Yojana (SSY) is one of the most sought-after small savings schemes in India. It is backed by Government of India. The scheme is exclusively meant for the girl child.
Sun, Dec 16, 2018
Post Office savings scheme: The Post Office Savings Bank offers a lot of schemes and benefit to customers.
Tue, Sep 18, 2018
This is a 5-year Post Office Recurring Deposit Account (RD), where a person can begin with a minimum amount of Rs 10 per month or any amount in multiples of Rs 5. There is no maximum limit.
Fri, May 12, 2017
The linked FD essentially allows customers to save their money lying in savings accounts in flexible fixed deposits, enabling them to earn a higher interest rate without compromising on the liquidity.
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