We talk about the best investments to grow your wealth over time.
You can read about investing in stocks, bonds, real estate and mutual funds.
The post office fixed deposit scheme offers higher returns as compared to public sector banks. You can select a tenure type ranging from 1 year to 5 years for your fixed deposit. The post office gives you a 5.5% interest rate for 1 year FD and a 6.7% interest rate for a 5 year FD. …
How to earn Rs 5.74 lakh interest from FD in just 5 years Read More »
National Saving Certificate (NSC) is a government bond and a popular short-term investment scheme for safe players. You can not only keep your money safe, but you also earn better returns as compared to fixed deposits, the most popular saving instrument in India. You can invest for 5 years in NSCs. However, earlier there were two …
NSC – National Savings Certificate Interest Rate & Tax Benefits Read More »
Salary lasts only for a few days, leaving you struggling to meet ends (needs). The truth is that you have a fixed amount of disposable salary every month. You need to spend, plan, save and invest and fulfil your goals within that only. You may definitely have life goals like purchasing a car, buying a …
11 Best Investment Options for Salaried Person in India 2020 Read More »
The government has also revised the current PPF interest rates for the quarter (April-June) of 2020 to 7.10%. Even last year, the government of India has replaced the old PPF Scheme 1968 with updated PPF Scheme 2019. The new scheme brought 5 changes in the old scheme. Interest payable on loan from PPF account reduced …
Current PPF Interest Rate 2020: Current Rate in SBI, HDFC, ICICI, Post Office Read More »
On 31st March 2020, the Ministry of Finance reduced the interest rate on the Public Provident Fund (PPF) to 7.1% from the earlier rate of 7.9%. A direct impact is that you will earn a lower amount of interest on your PPF savings for the first quarter of the present financial year 2020-21. But the …
How to Earn 1 crore in India by investing money in PPF Read More »
The EPF interest rate for the year 2019-20 is 8.65%. It is mandatory to own an EPF account if you are in a job and draws a salary of up to Rs.15,000 per month. EPF is optional for individuals drawing a salary of more than Rs.15,000 per month. How to calculate EPF interest EPF interest …
Employee Provident Fund Interest Rate for Fiscal Year 2019-20 Read More »
Last Updated: 23 Jan, 2020. Universal Account Number (UAN) is a 12-digit number that the Employee Provident Fund Organisation (EPFO) provides to an employee. UAN of an employee remains the same throughout life irrespective of the number of jobs he/she changes. This UAN becomes the identity of the member until his retirement. Every time an …
Universal Account Number (UAN) for Provident Fund – A complete guide Read More »
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