Page 2 Small Saving Schemes: Latest News and Updates, Top Stories, Videos, Photos About Small Saving Schemes

Check Last Date & Procedure To Link Savings Account With Post Office Schemes

For debt investors seeking higher returns than standard fixed deposits, post office small savings schemes are highly recommended, since they provide not only deposit security but also consistent returns as well as tax benefits under section 80C. Post office schemes are ...

How To Open A Post Office RD Account & Make Contributions Online?

For debt investors with a low-risk tolerance, investing in recurring deposits (RD) is highly recommended since the scheme has a flexible tenure and gives assured returns. Investing in recurring deposits is particularly advantageous for the salaried class because the plan does ...

Now You Have To Verify Your PAN Details For Opening Small Saving Scheme Accounts

The Department of Posts (DoP) under the supervision of the Ministry of Communications, Govt of India has unveiled in a circular issued on 25th January 2022 that at present, in Finacle CBS (Core Banking Solution) System, the Permanent account number (PAN) ...

Small Savings Schemes Interest Rates Remain Unchanged For The Q4 of 2021-22

In the midst of banks' low-interest rate regime, interest rates on small savings schemes were held steady for the fourth quarter of 2021-22 on Friday. In an official memorandum dated December 31, 2021, the Ministry of Finance said that "The rate ...

Senior Citizens Can Now Withdraw From Small Savings Schemes Through Authorized Person

Account-holders of small savings schemes, especially senior citizens can now make withdrawals, apply for a loan, make account closure and premature exit of accounts through authorized person. Regarding the same the Department of Posts has issued a circular on 04.08.2021 and ...

Sukanya Samriddhi Yojana: Premature Exit, Withdrawal & Maturity Rules Explained

Among the small saving schemes of India Post, Sukanya Samriddhi Yojana is a government-backed scheme in which you can invest for the future of your girl child. In India, a guardian in the name of a girl child under the age ...

How To Make Reinvestment In Small Savings Schemes?

Although small savings schemes are the secure investment bet, their interest rates make them more appealing than other fixed income instruments like fixed deposits. Small savings schemes come with a low initial contribution amount and thus reinvesting in them can boost ...

SBI RD vs Post Office RD: Where Should I Invest?

If you want to build a healthy savings practice instead of opening a savings account in a bank, you can invest in recurring deposits (RD) of banks or post office, which can provide higher returns than savings accounts. Customers that choose ...

Small Savings Schemes: Know TDS Rules On Withdrawals For IT Return Filers & Non-Filers

New guidelines for tax deduction at source (TDS) on small savings schemes have been implemented by the government. TDS will be deducted from a withdrawal amount of more than Rs 20 lakh from post office schemes, including the PPF, if income ...

How To Login To Your Post Office RD Account & Check Balance Online?

The Indian Post offers a government-backed savings scheme known as a Post Office Recurring Deposit (RD). Under Section 80C of the Income Tax Act of 1961, contributions to this post office savings scheme are tax-deductible. As a result, this post office ...

Senior Citizen Savings Scheme: Here’s How You Can Calculate Your Returns

For individuals over the age of 60, the Senior Citizen Savings Scheme (SCSS) is a suitable fixed income investment plan. By investing in this scheme senior citizens can generate a steady stream of income after they retire. Because SCSS is a ...

SBI FD Vs Post Office FD: Which Can Be A Good Bet For Conservative Investors?

Fixed deposits (FDs) are the ideal investment option for those seeking a secure and predictable return against their deposit. In India, fixed deposits are the most common investment alternative because they are considered secure, offer assured returns for a fixed period ...

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