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In Depth Details About Post Office Recurring Deposit Account- (A)

The post office in India offers a variety of saving options to the citizens. These savings options are available with every local branch of the post office. A recurring deposit account is opened for a periodic deposit (monthly) of a certain amount for a specific time duration for the purpose of saving. Post office recurring …

POST OFFICE SAVING SCHEMES-1

Post office saving schemes In India were introduced by the Central Government of the Country for the purpose of savings and investment for the citizens of India. There are a variety of saving schemes available in the post office that offer sovereign grantee which is backed up by the central government. These are also small …

WHAT IS THE DIFFERENCE BETWEEN NEFT RTGS AND IMPS - (A)

Various payment and settlement systems in India have made it easier and faster to transfer money from one checking account to a different one. Account-holders do not need to wait days to receive money in their checking account. With the newest digital payment systems, money is often sent and received instantly anywhere, anytime. Many banks, …

Impact of Corona Virus or Covid- 19 on Tourism-1 (1)

Corona Virus or Covid 19 are viruses transmitted from animals to humans that cause illness such as fever, cold, etc and can lead to death. The disease can be transmitted from one human to another through close contact. Common symptoms of the disease include shortness of breath, cough, fever, cold, & breathing difficulties. In acute …

EVERYTHING ABOUT INITIAL PUBLIC OFFERING (IPO)- (A)

Many Indian companies want to grow and develop. Some companies are focusing on raising capital in the Indian capital market to meet their expansion plans. However, litigation involves many risks that the company may face from its shareholders. Given these alarming and sensitive risks, some insurance companies in India offer initial public offers or initial …

understanding universal account number post - 1

UAN is a 12-digit number assigned or provided to all individuals having an Employee Provident Fund account.  UAN no is an identification number of the EPF account of the employee. Therefore, when an employee changes an organization or Company, he or she is not required to open a new Employee Provident Fund account. The employee …

5 KEY MISTAKES YOU SHOULD AVOID WHILE INVESTING IN SIP-(A)

The systematic investment plan (SIP) is a service that mutual funds offer to investors, where investors can invest in mutual funds every two weeks, monthly, quarterly or annually. While SIP is a blessing for investors, it not only prevents investors from managing the market but also facilitates their disciplined long-term journey toward wealth creation. Regardless …

4 MISTAKES YOU SHOULD AVOID WHILE INVESTING IN MUTUAL FUNDS-(A) (1)

Mutual funds are increasingly accepted by various investors in India because of their lightness and their performance. This financial instrument is suitable for all types of investors, small, medium or large because it can use the Systematic Investment Plan (SIP) to invest in mutual funds of an amount between 500 and an infinite monthly and …

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