Some private sector banks (SBM, RBL, Bandhan, and IndusInd Bank) and small finance banks (such as AU Small Finance Bank, Jana Small Finance Bank, Suryoday Small Finance Bank, and Ujjivan Bank) provide senior citizens Fixed Deposit with an interest rate of 8.00% per annum or more. In such a case, if you are a senior…
How to get started with the INDmoney app: Download the app: The app is available for free on both iOS and Android devices. link – Create an account: Once you download the app, you’ll need to create an account to start using it. Link your accounts: After creating an account, you can link your bank…
Money is a crucial aspect of life that cannot be ignored. From fulfilling our basic needs to living a comfortable lifestyle, money plays a vital role. It is the medium of exchange that helps us acquire goods and services, and in today’s fast-paced world, having financial stability is essential. However, the increasing cost of living…
Finance has been a key element in the development of human civilization since the dawn of time. Throughout history, finance gurus have made significant contributions to the evolution of finance, shaping it into the complex and interconnected system we know today. From Aristotle to Warren Buffett, these gurus have influenced our understanding of wealth creation,…
The Post Office Monthly Income Scheme (POMIS) is a savings scheme offered by the Indian Postal Service, which provides a fixed and regular monthly income to investors for a period of five years. Here are the steps to open a POMIS account: Step 1: Visit the nearest Post Office To open a POMIS account, investors…
The Post Office Monthly Income Scheme (POMIS) is a popular savings scheme offered by the Indian Postal Service. It has several features that make it an attractive investment option for those looking for a regular source of income. Some of the key features of POMIS are: Regular Monthly Income: POMIS provides a fixed and regular…
Post Office Monthly Income Scheme (POMIS) is a popular savings scheme offered by the Indian Postal Service. It is a low-risk investment option that provides regular monthly income to investors, making it an attractive choice for those looking for a stable and safe investment. POMIS is designed to provide a regular source of income to…
Financial planning is an important task in life that helps to secure your financial position. A person’s financial plan contains golden opportunities that help him or her to live a prosperous life in the future. Therefore, if you want to make a determined plan for your future, financial planning is a necessity. Before making a…