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PREMATURE 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...
Quote of the Day by Sir Isaac Newton: ‘As a blind man has no idea of colors so have we…’ - Why we may never truly understand everything, explained by one of the smartest minds everQuote of the Day: Isaac Newton, a scientific giant, pondered the limits of human understanding, comparing it to a blind man's inability to ...
India’s new safe harbour rules create fresh tax dilemma for multinationals, GCCsMultinationals in India are reassessing their tax strategies. A new safe harbour regime offers lower margins for IT and ITeS services. Comp...
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...
How to Store Coffee Beans So They Stay Fresh LongerCoffee lovers can now enjoy fresher brews. Learn how to store your coffee beans correctly to preserve their rich taste. Avoid common mistak...
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...
Tehran received signs indicating US ready to end naval blockade: Iraian envoy to UN IravaniIran has indicated that the United States may be ready to ease its naval blockade, with envoy Amir Saeid Iravani saying Tehran has received...
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...
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...
Kisan Vikas Patra: What will be the premature value of KVP account opened on or after April 1, 2023Along with other smaller savings plans, the KVP interest rate is evaluated by the government every three months. Here is premature closure ...
HDFC Bank revises charges, fees structure on personal loans with effect from this dateHDFC Bank has revised the charges and fees structure for unsecured loans including personal loans with effect from April 24, 2023.
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...
How to close a fixed depositOne may prematurely close the fixed deposit for personal use of the funds or may reinvest in a new FD at a higher interest rate.
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...
- Banks to impose penalty on premature closure of FDs
Next time you wish to cash in your fixed deposits, be ready to pay a penalty of as much as one per cent of the investment if money is withd...