POST OFFICE DEPOSIT SCHEMES
Post Office Savings Bank likely to be interconnected with other banks by AprilThe postal department during the lockdown was at the frontline to deliver essential parcels when rail, road and air traffic were grounded a...
- No cut in PPF, NSC, other post office schemes' interest rates for Q4 of FY 2020-21
This was announced by the finance ministry via a circular dated Dec 30, 2020. As per the circular, PPF will continue to earn 7.10%, the NSC...
- Kanpur post office issues stamps featuring gangsters Chhota Rajan, Munna Bajrangi; probe ordered
Under the 'My Stamp' scheme, anyone paying Rs 300 can get stamps with their photos or that of their family members printed and released. Ra...
- Sovereign gold bond issue open till Jan 1; should you subscribe?
The sovereign gold bond scheme is best suited for those wishing to invest in the yellow metal for the long term, according to market expert...
- Bhagyalakshmi scheme: LIC seeks continuity as Karnataka ropes in India Post
With interest rates softening and the economy running into a downspin, LIC had conveyed its inability to give 1 lakh on the initial investm...
- Common money myths and the truth behind them
Investors have several misconceptions about financial matters. Here are seven common myths and the truth behind them.
- Can I split PPF investment money between my account and my minor son's account?
Under the PPF Scheme, 2019, Rule-3 sets the limits on the number of accounts which an individual can open. The rule allows opening of one’s...
- India Post consumers sweat due to lack of online services amid Covid outbreak
A bulk of these schemes need the customer to visit crowded post offices to carry out transactions, since only limited operations can be don...
- PPF, NSC and other small savings scheme interest rates kept unchanged by govt
The finance ministry made this announcement via a circular dated September 30, 2020. As per the circular, the interest rate on small saving...
- HDFC Ltd slashes fixed deposit rates by 20 basis points
Financial planners point out that corporate deposit rates are on a downward trend in line with the general fall in rates in the system a...
- Post office schemes’ interest rates higher than bank FDs but look at these options too
Investors can consider options other than bank FDs as these are currently offering low rates of interest. However, keep in mind that bank F...
- How nominees can claim money from small savings schemes like PPF, NSC
The government via circular dated August 28, 2020, has streamlined the process of claiming money from small savings schemes like PPF, NSC e...
- Rate cut by upto 1% makes Mahindra fixed deposit unattractive
“The sharp cut in deposit rates has made many corporate fixed deposits unattractive. Investors need to review their portfolios,” says Mohit...
- Top 5 fixed income investments for retirement planning
If you are someone who depends on interest income and is feeling the pain of the ever-decreasing FD rates, we have a solution for you to en...
- PPF, NSC and other post office schemes interest rates remain unchanged
For Q1 of FY 2020-21, the government had slashed rates of small savings schemes by 0.7-1.40%. If the government had cut rates for this quar...
- How to access post office savings account online
There are two ways to access and download the statement of your post office savings account - Internet banking and mobile banking.
- PPF to fetch 7.1%, NSC 6.8% as govt slashes small savings schemes interest rates
Rates of these schemes have been slashed by between 70 bps and 140 bps for the Apr-June quarter.
- Can I invest in Post Office schemes and FDs for my retirement?
If you have any mutual fund related queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
- Service charges for post office savings account, schemes
Individuals having post office savings account or small savings scheme accounts have to pay certain charges. For instance, charges are levi...
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