Recurring Deposit
Banking Karo What is a Recurring Deposit? A Recurring Deposit (RD) is a financial savings scheme offered by banks and financial institutions, enabling individuals to deposit a fixed amount of money at…
Mutual Fund – Meaning, Feature, Benefits, Disadvantages
What is Mutual Fund? “Mutual fund investments are subject to market risks. Kindly ensure thorough reading of all scheme-related documents prior to making any investment decisions.” We often come across…
Post Office Senior Citizen Savings Scheme
What is Senior Citizen Savings Scheme (SCSS)? The Post Office Senior Citizen Savings Scheme (SCSS) is a government-supported plan in India tailored for individuals aged 60 and above. It’s a…
Mobile Banking
What is Mobile Banking? Mobile banking revolutionizes the way we handle our finances by enabling us to conduct banking tasks swiftly and securely through our mobile devices. Through dedicated applications…
Sukanya Samriddhi Yojana (SSY)
What is SSY (Sukanya Samriddhi Yojana)? If you’re a parent concerned about your daughter’s education and marriage, you should consider enrolling in the Sukanya Samriddhi Yojana (SSY), a government scheme.…
National Savings Certificate (NSC)
What is National Savings Certificate? The National Savings Certificate (NSC) stands as a secure investment program provided by the Indian government. Crafted to promote savings, it provides a dependable avenue…
Hybrid Fund
In today’s ever-evolving investment landscape, finding the right investment vehicle that offers a balance of risk and reward can be a daunting task. Hybrid funds, a unique category in the…
PPF (Public Provident Fund)
What is PPF (Public Provident Fund)? The Public Provident Fund (PPF) is a savings scheme provided by the Government of India. It helps people save money for their retirement over…
Equity Mutual Funds
What are Equity Mutual Funds? Equity mutual funds are investment vehicles that pool money from multiple investors and invest primarily in stocks or equities of different companies. These funds are…
ELSS (Equity Linked Savings Scheme)
What is an ELSS (Equity Linked Savings Scheme)? An Equity Linked Savings Scheme (ELSS) is a type of mutual fund in India that offers tax benefits under Section 80C of…