Mahila Samman Saving Certificate Scheme: This scheme was started on 01st April 2023 in Post Office. It offers an interest rate of 7.5% p.a. The Mahila Samman Saving Certificate Scheme is an initiative launched by the Indian government on April 1, 2023, to encourage women to save and invest their money. This scheme, which is […]
In this post, we will learn about ‘Sukanya Samriddhi Account (SSA)’. Who can open an account? , Minimum Deposit, Maturity, etc. What is Sukanya Samriddhi Account? It is a Government of India backed saving scheme targeted at the parents of girl children. It is the scheme that encourages parents to build a fund for the […]
In this article, we will see about Post Office Monthly Income Scheme (POMIS). This scheme helps you to earn attractive interest on your investment. So let’s see in detail… Interest payable, Rates, Periodicity etc. From 01.04.2020, interest rates are as follows:- 6.6 % per annum payable monthly. Minimum Amount for opening of the account and […]
The Senior Citizen Saving Scheme (SCSS) is designed only for senior citizens as the name suggests. This is a government scheme so there is a guarantee on its investment. ( Senior Citizen means: Indian Resident aged over 60 Years). Interest payable, Rates, Periodicity, etc. From 01.04.2020, interest rates are as follows:- 7.4 % per annum, […]
National Saving Certificate (NSC) is a Government Scheme, it is a fixed income investment scheme. As it is s government scheme there is a guaranteed return on its investment. National Saving Certificates (NSC)|5 Years National Savings Certificate (VIII Issue) Interest payable, Rates, Periodicity, etc. -> From 01.04.2020, interest rates are as follows:- 6.8 % compounded […]