Savings Schemes

EPF or Employees' Provident Fund is a retirement benefits scheme where employees contribute a portion of their salary...

The Employee Provident Fund, or EPF, is a retirement benefits program that allows you to build a retirement fund. A financial...

EPF (Employees' Provident Fund), also known as PF (Provident Fund), is a mandatory retirement savings plan for workers of...

The Post Office offers various types of investment schemes to investors. Each scheme differs in terms of the rate of return...

Opting for a Post Office Monthly Income Scheme (POMIS) investment is easy with minimal documentation. However, before...

Post Office tax saving schemes are flagship investment schemes that post offices offer all over India. The main aim...

A National Savings Scheme (NSS) is a government-sponsored savings instrument. Typically, a licensed financial...

The Provident Fund is a welfare plan for employees. This plan allows employers to deduct a fixed amount each month from the employees'...

The Universal Account Number (UAN) is an identification number assigned to every registered member of EPFO. Issued...

Over the last decade, there has been a significant increase in the number of financial instruments available to investors. These include...

Employee Provident Fund (EPF) is a savings scheme offered by the Employees' Provident Fund Organisation...

The Employees’ Provident Fund Scheme is a trusted tax-free investment solution designed to expand the savings of the salaried class...

The Indian government uses the Employment Provident Fund Scheme to offer trusted retirement and savings options for salaried employees.  As part of this scheme, employers...

Atal Pension Yojana (APY) is a form of pension scheme. The scheme is managed by the Pension Fund ...

In 1968, PPF investments were introduced by the Finance Ministry to enable individuals to save small portions of their earnings...

EPS was introduced in 1995 for employees at factories and similar establishments. The principal employer needs to contribute...

Provident Fund (PF), also known as EPF (Employees’ Provident Fund), is an essential, beneficial savings plan designed ...

EPF (Employees’ Provident Fund) is a popular savings cum retirement plan where both employer and employee contribute a...

Kisan Vikas Patra (KVP) is a government initiative in India. The scheme was brought into action in the year 1988. As mentioned...

Jeevan Pramaan Patra is proof of the existence of an individual who wishes to receive a pension for post-retirement plans. These...

Most people wonder what is National Pension Scheme. Well, a National Pension Scheme (NPS) is a government-based pension scheme in India. Indian citizens...

National Pension Scheme (NPS) is a government-run program for Indian citizens. It allows them the opportunity

Provident Fund, also referred to as Employees Provident Fund, is a mandatory retirement cum savings...

Kisan Vikas Patra is an extremely flexible investment scheme backed by the government of India. The savings scheme is available at all the post offices in India...

The Swavalamban pension plan was a micro-pension plan launched in the year 2010 with government backing. The scheme...

The National Savings Certificate is primarily promoted as a savings plan for individuals. Therefore...

NSC, abbreviated for National Savings Certificate, is one of the most popular investment instruments for assured returns and tax benefits. It...

PPF, abbreviated for Public Provident Fund, is a long-term, government-supported investment with a maturation period of 15 years. The...

The State Government of Haryana has launched the Saksham Yuva Yojana, an initiative focusing on the welfare and development of unemployed, educated youth. The project aims to provide monthly financial assistance to...

Form 15G is a self-declaration form that allows individuals to avoid TDS (Tax Deducted at Source) deductions on their interest income from fixed deposits, savings accounts, or recurring deposits. Individuals under 60 having a total income...

The contributions to the scheme and the selected asset classes determine the interest or return earned from NPS. The returns generated on NPS investment...

The Government introduced the Employees Deposit Linked Insurance Scheme (EDLI) in 1976 to offer social security benefits to private...

Foreign Currency Non-Resident account (FCNR) is a type of bank account opened by Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs) to deposit their foreign earnings in a foreign currency...

The Pran Card full form is Permanent Retirement Account Number (PRAN), and it is a physical card. It is issued by NSDL e-Governance Infrastructure Limited...

Banking mergers involve two or more banks combining their operations and resources to become one. The merged entity is usually a...

The ULIP full form stands for Unit Link Insurance Plan. It is an insurance plan that provides policyholders with coverage against life risks and simultaneously offers them a market-linked investment option. In today's world, where the market is constantly changing and offering lucrative investment opportunities, ULIPs provide a great platform to investors...

The General Provident Fund is a savings and retirement scheme that has been established specifically for government employees in India...

As one of the biggest and most reliable banks in India, the State Bank of India (SBI) offers a variety of deposit schemes to meet the diverse financial needs of its customers....

The PFRDA was established in 2003 to foster growth, oversee, and enhance India's pension sector. PFRDA full form is addressed as Pension Fund Regulatory and...

The full form of GPF is General Provident Fund. It is a savings scheme that caters to the financial needs of government employees in India. Introduced in 1960, the government manages the fund...

The Senior Citizen Savings Scheme is a safe and lucrative investment option for senior citizens. Senior citizen saving scheme interest...

National Pension System (NPS) is a popular investment scheme launched by the Government of India for retirement planning...

The Employees' Provident Fund Scheme, 1952, mandates every employee to nominate one or more members to their EPF account...

Both EPF and EPS are important savings schemes for employees in India. While EPF focuses on creating a retirement corpus for employees, EPS provides pension benefits for employees after retirement...

The full form of NPS is the National Pension Scheme. It is a pension scheme launched by the Government of India in 2004...

The full form of NPS & APY is National Pension Scheme and Atal Pension Yojna, respectively. They are two of the most popular retirement planning...

The Pradhan Mantri Awas Yojana is government-backed housing finance in India. The affordable housing scheme was launched on 1 June 2015. Initially, the last date for availing of the scheme was 31 March 2022. But the date...

Fixed deposit meaning is a type of investment offered by financial institutions where an individual can deposit a lump sum of money...

Superannuation is a term that is often used in discussions about retirement savings. This financial arrangement allows...