Education

                             Time Deposit Account Introduction: In  the Time Deposit Account if you need to take the money and within that period you have to pay some penalty amount. To avoid this you can pay the amount at the end of the period…

TNPFC Fixed Deposit (FD) schemes TNPFC Fixed Deposit (FD) schemes: Tamil Nadu Power Finance and Infrastructure Development Corporation Limited (TNPFC) Fixed Deposit (FD) is a financial product TNPFC offers investors. It allows individuals to deposit a certain amount for a fixed period at a predetermined interest rate. TNPFC issues fixed deposit schemes as a means…

TAX SAVING FIXED DEPOSIT What is TAX SAVING FIXED DEPOSIT:       A tax-saving fixed deposit (FD) is a financial instrument offered by banks and financial institutions in India that allows individuals to save on taxes while earning a fixed return on their investment. These fixed deposit accounts come with specific features designed to…

  KISAN VIKAS PATRA (KVP) Introduction of KVP: The Kisan Vikas Patra (KVP) guarantees to double the invested amount within 10 years, which is currently achievable in 115 months, with an attractive interest rate of 7.5%. The latest guidelines mandate this doubling of invested funds in 115 months. This article provides a detailed overview of…

SIP Introduction of SIP: This means that Systematic Investment Plan (SIP) investing has grown and become more popular over the years, reflecting its effectiveness as a method for long-term wealth accumulation and financial planning. In 1993, Franklin Templeton Mutual Fund introduced SIPs to India for the first time. What is SIP? Systematic Investment Plan (SIP),…

ETF Introduction : Exchange-Traded Funds (ETFs) represent a popular and innovative investment vehicle that has gained widespread acceptance among investors globally. Introduced in the early 1990s, ETFs have revolutionized the way investors access financial markets, offering a diverse array of benefits and opportunities. What is ETF : An Exchange-Traded Fund (ETF) is popular among Indian…

                                              Mutual Funds Introduction A mutual fund is a pool of money managed by a professional Fund Manager. . The combined holdings of the mutual fund are known as its portfolio. Investors buy shares…

senior citizen saving scheme senior citizen saving scheme: The Senior Citizen Savings Scheme (SCSS) is government-backed in India specifically designed for senior citizens aged 60 years and above. It offers them a regular income and financial security during retirement. key features of the scheme: Eligibility: Individuals who are 60 years or above are eligible to…

Introduction: PM Shri Narendra Modi launched the Atal Pension Yojana (APY) on May 9, 2015, to assist poor people and ensure their future security. The Government of India is actively promoting participation in the Atal Pension Yojana to offer financial security during old age to individuals who lack access to formal pension benefits. Benefits of…

NATIONAL SAVINGS CERTIFICATE(NSC)   Introduction of NSC:  The National Savings Certificate is a government-backed savings scheme designed to encourage individuals to invest in a secure and stable financial instrument. is an Indian Government savings bond, primarily used for small savings and income tax saving investments in India. it is part of the postal savings system…