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PREMATURE ACCOUNT CLOSURE
Rs 1 lakh investment in NSC: What will be maturity value after 5 years?National Savings Certificate provides a secure investment option. With a 7.7% interest rate, a Rs 1 lakh investment grows to over Rs 1.44 l...
Rs 15 lakh investment in Post Office Monthly Income Scheme (POMIS): What monthly income can you earn for 5 years?Low-risk investors can earn a fixed monthly income of Rs 9,250 from a Rs 15 lakh deposit in a joint Post Office Monthly Income Scheme (POMI...
Village braces for closure of Spain's largest nuclear plantAs Spain eyes a greener future, the Almaraz nuclear plant stands at a crossroads. Set for closure by 2028, the facility's fate is now up in...
Will Sensex, Nifty extend losses on Monday? Iran war peace talks, 4 factors to dictate Dalal Street next weekCrude oil futures fell sharply on Friday from 4-year highs after Iran signalled a proposal to resume negotiations with the U.S., though pri...
Sukanya Samriddhi account interest rate 2026: Has SSA rate changed for April–June quarter?
Has Sukanya Samriddhi Account interest rate revised for this quarter (April-June 2026)?Sukanya Samriddhi Account interest rate: The Sukanya Samriddhi Account (SSA) currently offers an 8.2% annual interest rate, compounded annu...
NSC interest rate 2026: Has National Savings Certificate interest rate changed for April-June quarter?National Savings Certificate interest rate: The National Savings Certificate offers an attractive interest rate for the April-June 2026 qua...
PPF interest rate 2026: Has Public Provident Fund interest rate increased for April-June 2026 quarter?Public Provident Fund interest rate: The Finance Ministry confirmed that rates for small savings schemes will continue from the previous qu...
Mahila Samman Savings Certificate offers 7.5% interest: Available till March 31, 43 lakh accounts opened, check features before you investMahila Samman Savings Certificate: Union Minister of State for Finance Shri Pankaj Chaudhary stated in a written answer to a Rajya Sabha qu...
Was National Savings Certificate interest rate hiked for January- March 2024 quarter? Check latest NSC rateThe government has raised the interest rates on certain small savings schemes for the fiscal quarter ending March 31, 2024.
How to close a bank FD: Forms and documents to be submitted, interest rateHow to close a bank FD (whether opened online or offline by visiting a bank branch), both on maturity and premature closure.
New PPF rule: Interest calculation on premature closure of PPF account changedThe Department of Post has made some changes in the premature closure rules of the Public Provident Fund (PPF) account. The Department made...
Premature withdrawal rules of 10 post office schemes: PPF, NSC, Senior Citizens Savings Scheme, Mahila Samman Savings CertificateThe government of India revises the interest rates on these small savings scheme every quarter. Currently, the India Post offers ten plans ...
What is the latest National Savings Certificate interest rate?The government determines the NSC interest rates, which are then updated every three months (i.e., quarterly). The NSC interest rate for th...
How senior citizens can withdraw money from SCSS, PPF etc. via authorized personUp until now, this was not allowed; the senior citizen would have to visit the post office branch to make withdrawals/close accounts, make ...
Post Office to collect passbook of deposit accounts at the time of closureWhile closing the post office accounts, ensure that your mobile number and PAN is updated in the account. If the same is not updated, then ...
PPF scheme 2019: Loan against PPF account at 1% and other changes you need to knowThe government via a notification dated December 12, 2019, has replaced the PPF scheme 1968 with the PPF scheme 2019. Though major features...
Easy closure for small savings schemes likelyThe government can use the enabling provision to provide this facility to investors in the event of medical or financial emergencies.
How to prematurely close PPF accountThe new PPF rules issued by the Ministry of Finance allow premature closure of the PPF account of a subscriber only in case of certain spec...
Govt sets terms for premature PPF withdrawalSubscribers of the PPF can prematurely close the deposit scheme after completing five years.