Savings Schemes

EPF or Employees' Provident Fund is a retirement benefits scheme where employees contribute a portion of their salary...

The Employee Provident Fund, or EPF, is a retirement benefits program that allows you to build a retirement fund. A financial...

EPF (Employees' Provident Fund), also known as PF (Provident Fund), is a mandatory retirement savings plan for workers of...

The Post Office offers various types of investment schemes to investors. Each scheme differs in terms of the rate of return...

Opting for a Post Office Monthly Income Scheme (POMIS) investment is easy with minimal documentation. However, before...

Post Office tax saving schemes are flagship investment schemes that post offices offer all over India. The main aim...

A National Savings Scheme (NSS) is a government-sponsored savings instrument. Typically, a licensed financial...

UAN, or Universal Account Number, is vital for EPF account holders as it facilitates online access to EPF services. With the EPFO portal, managing PF accounts, such as withdrawal, balance checking, and loan applications, is convenient without employer intervention.

The Universal Account Number (UAN) is an identification number assigned to every registered member of EPFO. Issued...

UAN activation is imperative to avail of any online service related to EPF. UAN helps the employee as well as the employer to track multiple...

The EPF scheme, launched in 1951, caters to more than fifty million individuals. It is a welfare scheme governed by...

Employee Provident Fund (EPF) is a savings scheme offered by the Employees' Provident Fund Organisation...

The Employees’ Provident Fund Scheme is a trusted tax-free investment solution designed to expand the savings of the salaried class...

The Indian government uses the Employment Provident Fund Scheme to offer trusted retirement and savings options for salaried employees.  As part of this scheme, employers...

Atal Pension Yojana (APY) is a guaranteed pension scheme up to Rs. 5,000 by the Government of India.

In 1968, PPF investments were introduced by the Finance Ministry to enable individuals to save small portions of their earnings...

EPS was introduced in 1995 for employees at factories and similar establishments. The principal employer needs to contribute...

Provident Fund (PF), also known as EPF (Employees’ Provident Fund), is an essential, beneficial savings plan designed ...

EPF (Employees’ Provident Fund) is a popular savings cum retirement plan where both employer and employee contribute a...

Kisan Vikas Patra (KVP) is a government initiative in India. The scheme was brought into action in the year 1988. As mentioned...

Jeevan Pramaan Patra is proof of the existence of an individual who wishes to receive a pension for post-retirement plans. These...

Most people wonder what is National Pension Scheme. Well, a National Pension Scheme (NPS) is a government-based pension scheme in India. Indian citizens...

National Pension Scheme (NPS) is a government-run program for Indian citizens. It allows them the opportunity

Provident Fund, also referred to as Employees Provident Fund, is a mandatory retirement cum savings...

Kisan Vikas Patra is an extremely flexible investment scheme backed by the government of India. The savings scheme is available at all the post offices in India...

The Swavalamban pension plan was a micro-pension plan launched in the year 2010 with government backing. The scheme...

The National Savings Certificate is primarily promoted as a savings plan for individuals. Therefore...

NSC, abbreviated for National Savings Certificate, is one of the most popular investment instruments for assured returns and tax benefits. It...

PPF, abbreviated for Public Provident Fund, is a long-term, government-supported investment with a maturation period of 15 years. The...

A Public Provident Fund is one of the most widely invested because of the PPF investment benefits it provides...

The State Government of Haryana has launched the Saksham Yuva Yojana, an initiative focusing on the welfare and development of unemployed, educated youth. The project aims to provide monthly financial assistance to...

Form 15G is a self-declaration form that allows individuals to avoid TDS (Tax Deducted at Source) deductions on their interest income from fixed deposits, savings accounts, or recurring deposits. Individuals under 60 having a total income...

The contributions to the scheme and the selected asset classes determine the interest or return earned from NPS. The returns generated on NPS investment...

The Government introduced the Employees Deposit Linked Insurance Scheme (EDLI) in 1976 to offer social security benefits to private...

Foreign Currency Non-Resident account (FCNR) is a type of bank account opened by Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs) to deposit their foreign earnings in a foreign currency...

The Pran Card full form is Permanent Retirement Account Number (PRAN), and it is a physical card. It is issued by NSDL e-Governance Infrastructure Limited...

Banking mergers involve two or more banks combining their operations and resources to become one. The merged entity is usually a...

The ULIP full form stands for Unit Link Insurance Plan. It is an insurance plan that provides policyholders with coverage against life risks and simultaneously offers them a market-linked investment option. In today's world, where the market is constantly changing and offering lucrative investment opportunities, ULIPs provide a great platform to investors...

The General Provident Fund is a savings and retirement scheme that has been established specifically for government employees in India...

As one of the biggest and most reliable banks in India, the State Bank of India (SBI) offers a variety of deposit schemes to meet the diverse financial needs of its customers....

The PFRDA was established in 2003 to foster growth, oversee, and enhance India's pension sector. PFRDA full form is addressed as Pension Fund Regulatory and...

The full form of GPF is General Provident Fund. It is a savings scheme that caters to the financial needs of government employees in India. Introduced in 1960, the government manages the fund...

The Senior Citizen Savings Scheme is a safe and lucrative investment option for senior citizens. Senior citizen saving scheme interest...

National Pension Scheme or NPS Tier I is India's government-sponsored retirement savings programme. A person pays a certain amount ...

National Pension Scheme Tier II was introduced by the Indian Government, which is a retirement-focused pension scheme. Initially, it was exclusively for ...

National Pension System (NPS) is a popular investment scheme launched by the Government of India for retirement planning...

The Employees' Provident Fund Scheme, 1952, mandates every employee to nominate one or more members to their EPF account...

Both EPF and EPS are important savings schemes for employees in India. While EPF focuses on creating a retirement corpus for employees, EPS provides pension benefits for employees after retirement...

The full form of NPS is the National Pension Scheme. It is a pension scheme launched by the Government of India in 2004...

The full form of NPS & APY is National Pension Scheme and Atal Pension Yojna, respectively. They are two of the most popular retirement planning...

The Pradhan Mantri Awas Yojana is government-backed housing finance in India. The affordable housing scheme was launched on 1 June 2015. Initially, the last date for availing of the scheme was 31 March 2022. But the date...

Fixed deposit meaning is a type of investment offered by financial institutions where an individual can deposit a lump sum of money...

Superannuation is a term that is often used in discussions about retirement savings. This financial arrangement allows...

One of the crucial aspects of financial planning is retirement planning, of which two of the most popular investment methods are the Public Provident Fund (PPF) and the National Pension Scheme (NPS)...

All employees registered with the Employee Provident Fund Organisation (EPFO) are automatically enrolled in the Employee Pension Scheme (EPS)...

The VPF vs PPF are the most well-known provident funds in India. These provident funds can provide average returns to....

Due to the fact that many people lack financial literacy, managing funds becomes difficult. The...

Employee Provident Fund is a retirement welfare scheme the Indian Government introduced for private sector employees...

Retirement planning, especially when PF balance check with UAN number without password, is a pivotal component of one's financial journey....

Financial stability and securing a comfortable future require careful consideration when selecting savings and investment tools.....

Are you planning to move to a new company? If it’s a yes, then you must consider an important aspect...

Understanding taxation is crucial to managing your finances effectively in personal finance...

One tool stands out as an essential document in financial planning and securing your future - the EPF (Employee Provident Fund) Passbook...

In our modern, fast-paced digital world, it's incredibly easy to keep track of your Employee Provident Fund (EPF) balance...

In India, the Employees' Provident Fund Organization (EPFO) is a beacon of financial security for employees...

Managing your finances can sometimes feel like assembling a puzzle with missing pieces...

When it comes to managing your EPF accounts, having multiple UANs can be both confusing and problematic. It's a common situation that ...

The Member ID in the Employee Provident Fund (PF) is a unique identifier that plays a pivotal role in India's social security system....

Balika Samridhi Yojana is a social welfare scheme introduced by the Government in India in the year 1997.

PM JAY is a famous health insurance scheme that offers coverage of up to ₹5 lakh per family annually, covering both secondary and tertiary hospitalization expenses.

The PPF Interest rates2024 refers to the Public Provident Fund. It is a government-backed saving scheme. It has been brought forward with the motive of delivering the advantages of tax saving to people.

With a high Post Office PPF Interest Rate, individuals can store their extra funds, earn secured returns and make significant savings.

The facility for a PPF account loan is available to those seeking funds before completing six years of investment.

Two notable schemes in this context are the Equity Linked Savings Scheme (ELSS) and the Public Provident Fund (PPF). These schemes not only yield high returns but also come with income tax benefits.

PPF online payment is usually a simple process that enables you to make your investment in a hassle-free manner.

PPF account for minors is among the most reliable and time-tested investment schemes for Indian citizens.

There is no specified PPF account age limit for opening and activating a PPF bank account. The adults, along with the children, are also eligible for having a PPF account.

The PPF deposit limit refers to the maximum amount of money that you can invest annually in a Public Provident Fund (PPF) account.

As you have completed the PPF account extension, you are allowed to withdraw the particular amount that was parked in the account during maturity.

The segment of post is also referred to as the ‘post office' in regular terminology. It is one of the earliest and most significant organizations at present.

Almost every parent wants to offer their children a stable life so they can live comfortably. For this, they have to invest in a child's future, and undoubtedly, numerous options are available in India.

The Atal Pension Yojana (APY) is a government-backed pension scheme in India that aims to provide financial security to individuals in their old age.

The Atal Pension Yojana (APY), a government-backed initiative, provides a predetermined pension to individuals employed in the unorganised sector who are not entitled to a regular pension.

Launched by the Government of India, Atal Pension Yojana focuses on offering a guaranteed pension to those who may not have access to formal pension plans.

The Atal Pension Yojana program is overseen by the Pension Fund Regulatory and Development Authority (PFRDA).

The terms APR and APY are significant if you want to borrow or invest money. APR and APY play a vital role in the calculation of interests.

There are different types of provident funds designed to serve specific industries and goals.

PF Payment refers to both parties' regular contributions to this fund, which provides financial stability for employees throughout their retirement years.

Enabling EPFO KYC updates online is a convenient process that allows individuals to ensure their information is accurate and up-to-date for seamless access to various EPF benefits.

Name Changed in the EPF can be a critical step for employees to ensure their provident fund records align with their official identification documents.

Stop Believing Misconceptions About EPF Withdrawal. A vital component of retirement planning for millions of Indian workers is the Employees' Provident Fund (EPF).

This blog elucidates how to open a recurring deposit account online, providing valuable insights & guidance for interested investors.

This comprehensive guide elucidates the intricacies of income tax on RDs, covering key facets such as tax on RD interest, TDS implications, & benefits of Recurring deposit investments.

A post office RD is one of the most popular savings alternatives to regular fixed deposits and other long-term plans offered by post offices. Let's dig deeper into features, benefits & intricacies of Post Office RD Interest Rates India.

Fixed Deposits (FDs) and Public Provident Funds (PPFs) are popular investment choices in India, each serving different financial needs and offering unique benefits.

A Credit Card against Fixed Deposit (FD) is a secured credit card linked directly to a fixed deposit account held by the cardholder. This type of credit card is particularly beneficial for individuals who might not qualify for a standard credit card due to insufficient credit history or low credit score.

Fixed Deposit Sweep-In is a facility allowing depositors to link their fixed deposit account to a savings or current account. When the balance in the checking account falls below a certain threshold, the required amount is automatically "swept in" from the fixed deposit to the account, ensuring liquidity.

In 2024, Post Office FDs remain a popular choice for secure savings. Offering competitive interest rates, these government-backed fixed deposits provide a risk-averse option for individuals aiming to preserve and grow their capital.

Senior citizens often look for safe investment avenues to park their retirement funds, and Fixed Deposits (FDs) are a popular choice due to their stability and predictable returns.

A Short Term Fixed Deposit (FD) is a popular investment vehicle for those looking to earn a higher rate of interest on their savings for a short duration. Typically extending from 7 days to a year, short-term FDs ensure capital safety while offering better returns than regular savings accounts.

Fixed Deposits (FD) and Recurring Deposits (RD) are two popular savings instruments. FD involves depositing a lump sum for a fixed term, earning higher interest rates compared to regular savings accounts. Ideal for one-time, substantial investments, it provides stability and predictable returns.

Corporate fixed deposits (FDs) are investment instruments offered by companies to secure capital directly from the public, featuring fixed terms and interest rates higher than those of bank FDs.

EPF is a retirement scheme where both employee and employer contribute. If an employee can't work till retirement or passes away...

When you switch jobs, you need to transfer your PF account using Form 13. You can do this online or offline. It's better to do it online because it's easier and faster.

Employees’s Provident Fund or EPF is a retirement savings scheme where both employees and employers contribute monthly...