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Senior Citizen Savings Scheme, SCSS : Extension, Interest rate

The Senior Citizen Savings Scheme (SCSS) is suggested as one of the alternatives for the elderly to invest their money, especially from their retirement benefits. Let’s understand  Senior Citizen...

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Alternatives to Fixed Deposits: PPF,FMP,Debt MF,RD,CD

The goal of any investor is to accumulate wealth to fulfill future wants and needs.  Many of the conservative investors choose Bank Fixed deposits as they think it is a safe investment option. While...

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Understanding Kisan Vikas Patra (KVP)

Kisan Vikas Patra (KVP), one of the most popular small saving instruments in India, was re-launched by the Government on 18 November 2014. This article covers the features of Kisan Vikas Patra, Why was...

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Reliance Nivesh Lakshya Fund: Investment for Long Term Goals

Banks Fixed deposit Interest rates over the past years have been declining, making the situation difficult for people who are dependent on interest income. The other problem is the banks as they don’t...

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RBI Savings Bonds 2020 : Floating Rate, Taxable 

Government of India has launched RBI Floating Rate Savings Bonds, 2020 (Taxable) scheme starting from 01 July 2020 to enable person resident in India/HUF to invest in a taxable bond.  These RBI...

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