Banks have recently been offering higher interest rates on fixed deposits, with Union Bank of India in particular raising its deposit interest rates. The bank has revised its fixed deposit interest rates, offering the highest interest rate of 7.40% to the general public on 333-day special deposits. Senior citizens will receive an additional interest of … Read more
Great news for women and those in DWCRA communities! The TDP coalition government plans to increase the loan limit for members of Self-Help Societies, which will provide relief to many people. In Srikakulam district, over 5.5 lakh individuals stand to benefit from the increased credit limit for women’s funds, which will rise from Rs. 10 … Read more
A non-resident Indian resides abroad beyond a specified time for reasons like employment, higher education, business, vacation, or other purposes. Are you an Indian living abroad? Maybe you work in the United States or run a business in Dubai. If so, you might be considering an NRI account. NRI stands for Non-Resident Indian, and an … Read more
The Government of India has taken the initiative to implement the Employees’ Provident Fund (EPF) scheme to benefit employees. The Employees Provident Fund Organization (EPFO) runs the scheme to provide retirement benefits and secure life in old age. Every employee in the country can become a member. PF money is deposited in the Universal Account … Read more
The Reserve Bank of India (RBI) has announced that the Modified Interest Subsidy Scheme (MISS) will continue for the financial year 2024-25, providing relief to farmers who take loans for crop cultivation through Kisan Credit Cards. Under the MISS, the government pays a part of the interest on loans taken by farmers. The scheme will … Read more
Parents often think about saving for their children’s higher education and marriage. However, without proper planning, it is difficult to achieve this goal. To achieve financial security for your daughter’s higher education, you need to follow a plan. By saving a certain amount per month, there is a chance to accumulate 86 lakhs. The inflation … Read more
The central government has introduced various schemes to encourage and provide financial assistance to different communities. One of these schemes is the Vishwakarma scheme, which was launched last year to promote traditional professions in both rural and urban areas. This scheme aims to benefit 18 categories of people from the OBC community by providing subsidized … Read more
Great news for farmers! The government, in its unwavering commitment to the welfare of our farmers, has announced an important update on the Rythu Bima Scheme, which is expected to bring relief to many. The 2024-25 farmer insurance year will commence in Telangana on August 15th. Those aged between 18 and 59 are eligible for … 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
Are you interested in learning some tips on saving money? Many individuals struggle to save and borrow money for unexpected expenses despite their earnings. The relief from understanding financial management can help you avoid unnecessary expenses and increase savings, reducing the stress of financial uncertainty. Financial management is becoming increasingly challenging for many people. Understanding … Read more