Investments FAQs & How to guide for Personal Finance Planning

Revised Performance Linked Incentive Calculator for Public Sector Banks

by Askbanking November 24, 2024November 24, 2024 11th Bipartite Settlement, Bank Account Queries, Banking HowTo, Banking News, Careers & Jobs, Demonetization, Financial Calculator, IMPS, Insurance, Internet Banking, Jeevan Pramaan, Loan FAQ, Loan Ratio, Mobile Banking, NPS, Professional Tax, Salary Structure, SBI, Share & StocksLeave a comment

Revised Performance Linked Incentive Calculator for Public Sector Banks – The Finance Ministry has unveiled a performance-linked incentive (PLI) scheme for the senior executives of public sector banks (PSBs) i.e. Chief Manager, AGM, DGM, General Managers and CGM than MD & CEO including Executive Directors. The PLI ceiling for Managing Director & Chief Executive Officers and […]

Investment

Latest Small Savings Scheme Interest Rate 2023

by Askbanking January 3, 2023December 19, 2023 Investment1 Comment

Checkout the latest Small Savings Scheme Interest Rate 2023 which includes post office 1-3-year term deposits and 5-year recurring deposits, saving certificates such as National Saving Certificates and Kisan Vikas Patra, Sukanya Samriddhi Account and Senior Citizens Savings Scheme. The small savings interest rates are set by the Government of India, which is linked to […]

PPF

How to Reactivate a Dormant PPF Account ?

by Askbanking August 26, 2020 PPFLeave a comment

Know to reactivate a dormant PPF account – Public Provident Fund (PPF) allows individuals to invest up to Rs 1.5 lakh each financial year. It provides a tax benefit under Section 80C of the Income Tax Act. PPF account has a validity of 15 years and to keep the PPF account alive, the account holder […]

Investment

11 Golden Reasons to Invest in SGBs, Sovereign Gold Bonds

by Askbanking July 9, 2020July 9, 2020 InvestmentLeave a comment

Know the 11 golden reasons to invest in SGBs, Sovereign Gold Bonds (SGBs) scheme, the 2020-21 Series IV – The subscription for the fourth tranche of the Sovereign Gold Bonds (SGBs) scheme, the 2020-21 Series IV, is open for subscription and will close on July 10, 2020. The SGBs will be allotted on July 14. This […]

PPF

Checkout these 5 New PPF Rules

by Askbanking December 26, 2019 PPF1 Comment

New PPF Rules – The government recently announced many changes in PPF rules for benefit of account holders. The new PPF rules relate to deposits, loans and premature withdrawal. Public Provident Fund or PPF accounts have a maturity period of 15 years and the government announces interest rates for each quarter. For the current quarter, […]

NPS

Premature Withdrawal Rule For New Pension Scheme (NPS)

by Askbanking January 9, 2019 NPSLeave a comment

Government has allowed premature withdrawal from New Pension Scheme Fund. As per the directive, a subscriber is eligible for three partial withdrawals during the period of subscription under National Pension System (NPS): Each withdrawal not exceeding twenty-five percent of the contributions made by the subscriber and excluding contributions made by the employer. There is, however, […]

Government Schemes Investment

Atal Pension Yojana (APY) – Pension Limit May increase to Rs 10,000, Age up to 50 Years

by Askbanking June 13, 2018June 23, 2018 Government Schemes, InvestmentLeave a comment

PFRDA mulls hike in pension limit under APY to Rs 10,000 and age up to 50 years – In order to make Atal Pension Yojana more attractive for investors, PFRDA is planning to double pension limit from Rs 5,000/- to Rs 10,000/-. This will attract more people towards the scheme and provide better inflation-beating returns. Further, the other […]

PPF

PPF Account – Details & Rules For Deposit, Withdrawal & Tax

by Askbanking February 17, 2018December 26, 2019 PPF2 Comments

Public Provident Fund (PPF) is one of the most popular saving investment scheme for small investors. Public Provident Fund generally offers a higher interest rate than bank deposits. Investors of PPF gets the benefit of Income tax on the maturity amount and rebate under section 80 (C) up to Rs 1.50 lacs. In PPF Contributions, […]