Central Government keeps small savings interest rates unchanged for the 9th consecutive Quarter

We all know that central government revises small savings interest rates every Quarter(3 Months). But even RBI insists that small savings schemes interest rates are far higher than bank fixed deposits, central government keeps small savings interest rates unchanged for the 9th consecutive Quarter though there are rumours that central government will revises small savingsContinue reading “Central Government keeps small savings interest rates unchanged for the 9th consecutive Quarter”

Are You Saving in Postal Small Savings Schemes? Here’s a Big Update For You !

Postal Small Savings Schemes are meant for conservative investors who prefers guaranteed and steady income through those deposits. Even though these deposits offer returns far below the inflation rate, even today there are some set of people who still prefers post office small savings. What’s up to now for Postal small savings schemes– Up toContinue reading “Are You Saving in Postal Small Savings Schemes? Here’s a Big Update For You !”

Differences Between Ordinary Postal Savings a/c and IPPB Savings a/c

We all are aware of Postal Savings a/c. Being natural savers Indians tend to save in “small saving schemes” of Post Offices. Even though postal schemes remains same, now as per the technology upgrade Post Office has launched “IPPB”(India Payments Postal Bank) Savings a/c in line with the existing ordinary postal savings a/c. What isContinue reading “Differences Between Ordinary Postal Savings a/c and IPPB Savings a/c”

Do You Want Better Returns Than Bank FD? Consider Post Office Time Deposit

India is said to be a saving economy, it implicates natuural saving culture of Indians. But from the past few years banks are decreasing interest rates which hurts the savings culture. Today Many savers are not interested to do bank fixed deposits(FD) due to falling interest rates. But there’s still a hope to them inContinue reading “Do You Want Better Returns Than Bank FD? Consider Post Office Time Deposit”

Government Kept Small Saving Scheme Interest Rates Unchanged For January-March 2022 Quarter

Are you a saver? Do you want extra returns on your savings(when compared to banks)?Here’s a good news for you! Those who prefer guaranteed returns with government sovereign guarantee, Postal savings are a good option. When compared to banks their interest rates are slightly higher. Due to covid fears central government kept small saving schemesContinue reading “Government Kept Small Saving Scheme Interest Rates Unchanged For January-March 2022 Quarter”

Are You A IPPB Customer? Bad News For You! You Have To Bear High Transaction Charges From January 1st,2022

This is really a shocking news to IPPB(India Post Payments Banks) Customers. Already people are suffering with high “Inflationary Costs” due to corona, now it’s turns of the financial institutions laying “Burden” on the common man. Already Banks announced that ATM charges will be hiked from January 1st,2022 in addition to gas cylinder and petrolContinue reading “Are You A IPPB Customer? Bad News For You! You Have To Bear High Transaction Charges From January 1st,2022”

Want To “Double Your Investments” With Government Security? Consider “Kisan Vikas Patra”

There are lot of ads circulating in the print media and digital media that “Investors will get Double The Investments if they invested with them”. Though there are few companies offering “Guaranteed Returns”(Mutual Fund firms assumes past performance with future returns)most of these advertisements are trying to lure investors. There are companies like “Agrigold, Sahara”Continue reading “Want To “Double Your Investments” With Government Security? Consider “Kisan Vikas Patra””

Want To Invest On The Name Of Your Girl Child, But Don’t Want To Take Risk?Consider “Sukanya Samriddhi Yojana”

Having a Girl child can be treated as welcoming Goddess “Lakshmi” into their homes. Even though a girl is treated to be “Lakshmi”, Parents should be ready to bear highly inflationary education and marriage expenses! Due to inflation, education and marriage costs are rapidly increasing, no one would escape from the rat race of increasingContinue reading “Want To Invest On The Name Of Your Girl Child, But Don’t Want To Take Risk?Consider “Sukanya Samriddhi Yojana””

Now Postal Services Can Be Availed Through IVR(Interactive Voice Response)System

Postal savings are one of the popular and oldest way of savings in India. Through postal savings many investors are saving small, small amounts even today. Though Postal Savings are one of the oldest method, still it has its relevance. As technology upgrades, method of savings also changes! Today Postal customers can make use ofContinue reading “Now Postal Services Can Be Availed Through IVR(Interactive Voice Response)System”