The interest rate on popular Public Provident Fund (PPF) and other small savings schemes are set for a downward revision. The interest rate of small savings schemes, including that of PPF, Senior Citizens Savings Scheme and girl child savings schemes…
Category: Indian Post Office Savings
Offers information about various post office saving schemes from Indian Post offices.
Sukanya Samriddhi Updates
Recently government of India had launched, the Sukanya Samriddhi Yojana, for a better future of girl child in the country. The scheme has been receiving overwhelming response from the parents across the country. we have already covered the features on…
Lost National Savings Certificate?
NSC has been a one of the best investment option for middle class families in India, along with income tax savings it also offers good assured returns. NSCs are most common under salaried persons. Since NSCs are a long term…
PM Modi had launched twin programmes of “Beti bachao, beti padhao” and “Sukanya Samriddhi account” in a bid to encourage birth and education of girls and tackle the abysmally low child sex ratio of 918 girls for 1000 boys. The…
Kisan Vikas Patra 2014
Finance Minister Arun Jaitley relaunched Kisan Vikas Patra (KVP)
Rate cut in Post office Small Saving Schemes
Form 1st April, government is going to reduce the rates on few small saving schemes, this will be around 0.1%.
Encashment of NSC
One of the most common questions asked from investors is who have invested in National Savings Certificate is – When can the opt to encash the NSC?
You can find here notifications/update on Small Saving schemes from Post offices in India.
Gram Sumangal – Rural Postal Life Insurance Scheme
Gram Sumangal is an Anticipated Endowment Assurance Scheme which is also known as Money Back Policy
Senior Citizens Savings Scheme
Senior Citizens Savings Scheme from Post office of India offers Interest @ 8.5% per annum from the date of deposit on quarterly basis. Interest can be automatically credited to savings account provided both the accounts stand in the same post office.