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Health insurance allows you to safeguard against medical treatment expenses. A Life insurance plan ensures your family’s financial security, even in your absence. Retirement & pension plans help you provide for your financial needs in your post retirement years. ULIPs, or Unit Linked Insurance Plans, are fast gaining popularity. Benefits include flexibility, Transparency, Liquidity, and Fund Options.

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National Savings Scheme

Posted on May 30th, 2008 in Indian Postoffice Savings

National Savings Scheme (NSS) offers an assured return and tax rebates under Income Tax Act. The rate of interest is 9 per cent per annum, compounded annually.
NSS is available at post offices across India. You can open only one account in a year. There is no prescribed upper limit to the amount you might want [...]