Category: Articles

Embarking on a journey of financial growth and stability often requires the right investment instruments and one such avenue that has stood the test of time is the Kisan Vikas Patra (KVP). This government-backed savings scheme holds a special place in the realm of investment options, known for its reliability and attractive returns. In 1988,… Continue reading Post Office Kisan Vikas Patra

On December 12, 2019, the Government of India announced the National Savings Time Deposit Scheme which is also known as Post Office Time Deposit Scheme through No. GSR 922 (E). The account holders under this scheme go through four maturities. The main catch of this scheme is that the interest rate that this TD Account… Continue reading National Savings Time Deposit Account

Making informed decisions about investing surplus funds is a prudent financial strategy that empowers individuals to enhance their wealth and attain financial objectives. Two commonly considered options for investment are Kisan Vikas Patra (KVP) and Fixed Deposit (FD). While both KVP and FD offer secure and dependable avenues for investing money, they diverge in terms… Continue reading Kisan Vikas Patra vs Fixed Deposit

The Senior Citizen Savings Scheme (SCSS) account is a savings tool sponsored by the government, designed for individuals aged 60 and above. Initiated by the Government of India in 2004, its primary goal is to offer a reliable and secure income stream to senior citizens during their post-retirement period. Considered one of the most attractive… Continue reading Senior Citizens Savings Scheme Account

The Post Office Monthly Income Scheme Account (MIS) stands out as a superb investment choice, especially for retirees and individuals seeking a consistent stream of funds. This small savings scheme, backed by the Government of India, empowers investors to allocate a fixed amount each month. Following this, interest is accrued on the investment at the… Continue reading National Savings Monthly Income Account

The National Saving Recurring Deposit Account (RD) is a savings account regulated by the Indian Government, specifically designed to cater to small investors and assist them in accumulating funds for their various financial needs. With a minimum deposit requirement of Rs. 100, this account provides an accessible avenue for individuals who wish to invest in… Continue reading National Savings Recurring Deposit Account

In contemporary financial landscapes, the preference for post office savings accounts has surged, primarily attributable to the ease of both depositing funds and making hassle-free withdrawals when necessary. The evolution of the account-opening process into a more accessible procedure today, in stark contrast to the complexities of yesteryears, has played a pivotal role in this… Continue reading Post Office Savings Account

Given the recent fluctuations in the equity market, investors are actively seeking stable and consistent financial instruments. In such a scenario, ‘Post Office Saving Schemes’ emerge as a viable investment alternative that offers both capital protection and reasonable returns. These traditional products are widely regarded by investors as secure investments since they are government-backed and… Continue reading Post Office Savings Schemes

India boasts one of the world’s largest gold markets, ranking as the second-largest consumer globally. Although the traditional approach of purchasing physical gold remains widely popular for investment, there is a growing trend towards the adoption of Digital Gold and Sovereign Gold Bonds (SGBs). In the realm of investment choices, both SGBs and digital gold… Continue reading Sovereign Gold Bonds (SGBs) vs Digital Gold

NPS (National Pension System/National Pension Scheme) is a type of long-term, voluntary security scheme available online as well as offline. The PFRDA or Pension Fund Regulatory and Development Authority regulates NPS accounts. It is ideal for offering monetary advantages to NPS account holders in post-retirement pension plans.  It was introduced back in 2004 by the… Continue reading How To Open National Pension Scheme (NPS) Account?