The Post Office Time Deposit Scheme is a government-backed savings scheme that offers guaranteed returns on investment. The scheme provides four different types of accounts with varying maturity dates, from one year to five years. Interest rates on post office time deposits are currently 6.90% to 7.50% per annum, depending on the tenure of the deposit. One of the key … [Read more...] about Post Office Time Deposit Scheme: Interest Rate, Features, Tax Benefits | Is It A Good Investment?
monthly income scheme
How To Select The “Best Bank” In India? What Are The Factors Someone Should Consider?
When someone asks me to suggest the "best bank" - I usually say I can't! It is because, everyone's purpose of choosing a bank differs. For some, having advanced technical features would be a plus. For the others, the same thing could be a minus! Some would prefer good, and respectful customer service. So it really comes down to one's own preference. There are many … [Read more...] about How To Select The “Best Bank” In India? What Are The Factors Someone Should Consider?
SBI Annuity Deposit Scheme | Benefits, Eligibility, Interest Rate, Rules | Monthly Income Scheme
The State Bank Of India offers various investment options for its customers. When it comes to investment, the most common form of investment is a deposit - a fixed deposit or a recurring deposit is quite popular among people. SBI's Annuity deposit scheme is also a deposit scheme, like a FD, where you deposit a lump sump. However unlike an FD, you get monthly payouts in … [Read more...] about SBI Annuity Deposit Scheme | Benefits, Eligibility, Interest Rate, Rules | Monthly Income Scheme
Post Office Monthly Income Scheme Details | POMIS Interest Rate, Tax Benefit
If you are looking into investment options, there are quite some. There are options with high risk and high returns, and also those with low risk and medium to low returns. In today's video we are going to see an investment option that will give you monthly returns. It is Post Office Monthly Income Scheme (POMIS). I explain the details about this investment scheme in … [Read more...] about Post Office Monthly Income Scheme Details | POMIS Interest Rate, Tax Benefit