Check the New GPF Interest Rate from here. If you’re a government employee in India, you’re probably familiar with the General Provident Fund (GPF). It’s a savings scheme in which you contribute a portion of your salary regularly, and the government adds interest to it. This interest is a reward for saving your money. Introduction: … Read more
The Sukanya Samriddhi Yojana (SSA) is a government-backed savings scheme in India specifically designed to promote the welfare and financial security of the girl child. Launched under the “Beti Bachao, Beti Padhao” campaign, this scheme offers a high-interest rate and significant tax benefits, making it an ideal long-term investment option for parents. Current Interest Rate … Read more
Banks often introduce new schemes by offering higher interest rates to attract more deposits. This week, two leading banks have introduced new fixed deposit schemes with a maximum interest rate of 8.85%. If someone deposits Rs. 1 lakh in this scheme, the amount after maturity can be calculated. Many banks revised their fixed deposit interest … Read more
Are you looking for investment plans that offer reasonable interest with zero risk? This is for you! Many banks offer the highest interest rates on Fixed Deposits (FDs). While it’s true that the more risk you take in investments, the more you can earn, it’s also important to remember that it increases the potential for … Read more