Pradhan Mantri Vaya Vandana Yojana: Everything you need to know
Pradhan Mantri Vaya Vandana Yojana (PMVVY) is a pension scheme introduced by the Indian government in May 2017. This scheme is designed specifically for senior citizens aged 60 years and above and aims to provide them with a steady and regular source of income in…
National Savings Certificate: Everything You Need to know
National Savings Certificates, also known as NSCs, are a popular investment option in India. These certificates are issued by the Government of India through the Department of Posts and are a low-risk, fixed-income investment option. NSCs are designed to encourage savings and provide a reliable…
Public Provident Fund (PPF): Eligibility Criteria, Benefits, Risk Factors, Documents Needed
The Public Provident Fund (PPF) scheme offered by the government of India is a long-term savings scheme. It is a popular investment option among individuals as it offers a safe and secure way to save for their future. PPF offers an attractive rate of interest…
Post Office Monthly Income Scheme: Everything You Need to Know
The Post Office Monthly Income Scheme (POMIS) is a savings scheme offered by the Indian Post Office. It is a low-risk investment option that provides a steady stream of income to investors. The scheme is designed for individuals who are looking for a regular source…
Equity Linked Saving Schemes (ELSS): Everything you need to know
Equity Linked Saving Schemes (ELSS) are a type of mutual fund investment that offer tax benefits to investors in India. They are designed to provide both capital appreciation and tax savings. ELSS funds invest a major portion of their corpus in equity and equity-related securities…
Post Office Recurring Deposit (RD): All you need to know
Recurring Deposit (RD) is a type of fixed deposit that allows individuals to save a fixed amount of money on a monthly basis over a specified period of time. It is a low-risk investment option that provides individuals with the opportunity to earn attractive returns…
Factors to Consider When Making Investment Decisions
The need to invest is a desire that exists in the heart of every human being. Nobody wants to remain in the same financial position over an extended period. Various forms of investments exist; they range from property investments to savings and fixed deposit accounts….