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How to open a senior citizen savings scheme account? MintGenie explains

The SCSS account is occasionally mistaken for a regular savings account tailored for senior citizens. It operates akin to a FD account, established as a one-time investment at the time of subscription. ....

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BISP's savings scheme sees surge with 5,372 applications

Islamabad:The Benazir Income Support Programme has recently launched its Savings Scheme with the primary goal of instilling financial independence and promoting a savings culture among consumers. ....

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BISP receives 5,372 applications for Savings Scheme so far

BISP receives 5,372 applications for Savings Scheme so far
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Debt tax tweak breathes life into equity savings scheme

Post the change in debt fund taxation in March, a lesser-known hybrid fund has emerged as one of the alternatives for fixed-income investors.

Equity savings schemes, the smallest hybrid fund category in terms of assets, have raked in around Rs 6,000 crore this financial year (FY24) so far compared to Rs 1,100-crore outflow in FY23.

The inflows along with a strong performance led to a 50 per cent surge in assets under management (AUM) to Rs 24,100 crore during April-November, shows data from the Association of Mutual Funds in India (Amfi). ....

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BISP Receives 5,372 Applications For Savings Scheme So Far

The Benazir Income Support Programme (BISP) has received 5,372 applications so far under its newly launched Savings Scheme ....

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