Assume you have opened a fixed deposit of ₹1 Lakh for a tenor of three years on April 1, 2020. After a year, on April 1, 2021, you require the money and wish to withdraw your entire amount from your fixed deposit. You will be eligible to withdraw the money as the first six months have passed. A.....
These schemes are ideal for you if you are looking to securely grow your corpus and earn assured returns while saving on taxes. With negligible financial risks and an affordable minimum investment amount, such schemes are perfect to inject stability into your portfolio. These schemes best suit .....
Investing in the Post Office Senior Citizen Savings Scheme is quite simple. Here are some steps you may be required to follow when investing in this scheme: Visit a post office near you and request for the SCSS application form or download it from the official India Post website Fill in the a.....
The information provided by BFDL is related to the rates provided by Banks and Deposit taking NBFCs as available from public domain and under no circumstances is intended to be source of advice or recommendation of any financial investment advice or endorsement of any sort. BFDL disclaims any respon.....
The following requirements must be met in order to open a post office fixed deposit: Anyone above the age of 10 Guardians can open an account on behalf of a minor or person with an unsound mind After reaching the required age, the minor must submit an application to become the account's ow.....
Although every citizen can visit a post office to start an NPS account, there are eligibility requirements. These eligibility criteria are: Age between 18 to 70 years KYC compliance Indian citizen (residing or non-residing) In addition to meeting the above requirements, you must sub.....