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Recurring Deposit Scheme: Small finance bank offers up to 8% interest on RD investment, check details

A few small finance banks or SFBs are offering impressive returns to investors for their fixed deposit and recurring deposit schemes. ....

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Union Bank rolls out a monthly recurring deposit scheme; all you need to know

Union Bank of India has rolled out a unique recurring deposit – Union Monthly Plus that gives customers the flexibility to increase or decrease the monthly amount. ....

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Post office scheme: Invest Rs 10,000, get Rs 16 lakh on maturity

Post office scheme: Invest Rs 10,000, get Rs 16 lakh on maturity - Post office small savings plans can be the best option for people looking for safe investment options. ....

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Post Office schemes: Check interest rates and tax benefits on saving schemes

Post Office schemes: Check interest rates and tax benefits on saving schemes
All the post office investment schemes are tax-exempt under Section 80C, i.e. tax exemption up to Rs. 1,50,000 is allowed.
(Image Source: File Photo)
Updated: Apr 27, 2021, 12:42 PM IST
If you are thinking of investing in risk-free saving schemes then here s your chance to do some investments. Post Office Investments include a number of saving schemes that provide a high rate of interest as well as tax benefits and most importantly, carry the sovereign guarantee of the Indian Government.
Among the Post Office schemes, National Small Savings Schemes are very popular. In these small savings schemes, people make moderate investment and get assured returns. The interest rates on small savings schemes are decided by the Union Ministry of Finance. ....

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