What is Time Deposit Scheme

A time deposit scheme (also known as a fixed deposit or term deposit) is a financial product offered by banks and financial institutions where you deposit a certain amount of money for a fixed

What is Post Office Monthly Income Scheme

The Post Office Monthly Income Scheme (POMIS) is a savings scheme offered by India Post that provides a guaranteed monthly income to investors. It’s popular among conservative investors, especially retirees, because of its low

What is Senior citizen saving scheme

Senior Citizens Saving Scheme (SCSS) is a government-backed savings program in India designed specifically for senior citizens to provide them with a safe and regular source of income post-retirement. Key Features Of SCSS: •Eligibility:

What is Public Provident Fund

The Public Provident Fund (PPF) Scheme is a long-term savings and investment option offered by the Government of India. It is especially popular for its tax benefits, safety, and guaranteed returns. Key Features of

What is Pradhan Mantri Mudra Yojna

Pradhan Mantri Mudra Yojana (PMMY) is a government scheme launched on April 8, 2015, to support small businesses and entrepreneurs in India. It provides collateral-free loans to non-corporate, non-farm small/micro enterprises to help them

What is Sukanya Samriddhi Yojna

Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme in India aimed at encouraging savings for the future education and marriage expenses of a girl child. It offers attractive interest rates and tax benefits.

What is Mutual Fund

A mutual fund is a type of investment vehicle that pools money from many investors to invest in a diversified portfolio of assets like stocks, bonds, or other securities. Here’s how it works in