Invest in SBI's PPF scheme to earn a large sum by depositing a small amount. By investing Rs.2500 every month in this scheme, you can earn an income of Rs.8 lakhs.
Image Source : PIXABAY As the name suggests, the scheme is for super senior citizens. SBI Patrons FD scheme: State Bank of India (SBI) offers several fixed deposit schemes but the one that is the ...
Both the Public Provident Fund (PPF) scheme and the Sukanya Samriddhi Yojana scheme are two investment options backed by the Government of India. Hence both these plans assure safety and security ...
SIP allows you to invest in mutual fund(s) by contributing a fixed amount at regular intervals. You can start investing in SIP with a small amount of Rs 100. Public Provident Fund is a ...
PPF is a government-backed savings scheme, while SIP is a market-linked investment plan. In this write-up, we will explain, through calculations, which option can provide a higher return on an annual ...
PPF (Public Provident Fund) is a long-term investment option that provides a fixed rate of interest and returns on the amount invested. It offers a safe investment option to save taxes and earn ...
Several banks provide various FD schemes for super senior citizens at varied interest rates. India's biggest lender, State Bank of India, offers the SBI Patrons scheme for super senior citizens.
Aadhaar is now mandatory for all post office deposits, the public provident fund (PPF), the national savings certificate (NSC) scheme and the Kisan Vikas Patra (KVP). The Finance Ministry has ...
The SBI's Har Ghar Lakhpati RD scheme has a minimum lock-in period of 3 years. The State Bank of India (SBI) has introduced a ‘Har Ghar Lakhpati’ (lakhpati in every home) recurring deposit scheme.
Risk factor in PPF and Share Market PPF is a government backed scheme. Hence your investment is safe in PPF. One of the biggest advantages of PPF account is that your invested amount will earn a ...