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New Delhi: The Finance Ministry once again gave the benefit of standard deduction i.e. standard deduction to the people after 13 years in the 2018 budget. The standard deduction is a deduction or exemption that occurs personally on your investment and expenses. Actually it is the amount which is deducted directly from your own income (deducted). The remaining income…
In this crisis of the corona virus, people are looking for a safe haven to invest. If you are also looking for a safe place, then the post office scheme may be better for you. If you are a senior citizen and want to invest your money somewhere, then the post office scheme can prove to be…
New Delhi: The Internet banking portal of State Bank of India (SBI) provides a wide range of facilities to customers. In this service, SBI customers can check their account balance, transfer funds, request for a new checkbook, and apply for a debit card. Apart from these services, customers also get the facility to create fixed deposits and recurring…
New Delhi. On August 9, the Prime Minister transferred 17 thousand crores to the bank account of 8.5 crore farmers. After that, in the next 20 days, the Union Agriculture Ministry has sent 30 lakh rupees and 2-2 thousand rupees to the farmers. We are talking about the Pradhan Mantri Kisan Samman Nidhi Scheme. With…
ATM-related frauds are common nowadays, To prevent their customers from these types of incidents, The State Bank of India Introduced new safety features to overcome this kind of incidents. In this new feature, every time when you visit to ATM to check your balance or mini statement evert time SBI sends you an alert by…
The Indian post office has a saving scheme name Kisan Vikas Patra (KVP) certificate scheme which doubles invented money in a period of 124 months (10 years & 4 months). If you purchase the certificate after 1 April 2020. For instance, a Kisan Vikas Patra Certificate for Rs. 10000 will get you a corpus of…
Do you want to withdraw money from your Provident Fund (PF) account? Perhaps, when it comes to PF, the most searched query on the internet is how to withdraw money from the PF account. In the times of coronavirus, the search has increased as people felt a great need for it. If you have any…
Aadhaar-enabled Payment System (AePS) is a bank-led model which allows online interoperable financial inclusion transaction at PoS (MicroATM) through the Business correspondent of any bank using the Aadhaar authentication. AePS allows you to do six types of transactions. Cash Withdrawal Cash Deposit Balance Enquiry Aadhaar to Aadhaar Fund Transfer Mini Statement eKYC – Best Finger…
Digital Life Certificate is a biometric-enabled digital service for pensioners. Pensioners of the Central Government, State Government, or any other Government organization can take benefit from this facility. One of the major requisites for the pensioners post their retirement from service, is to provide life certificates to the authorized pension disbursing agencies like Banks, Post…
The government of India has launched Sukanya Samriddhi Yojana (SSY) savings scheme as part of the ‘Beti Bachao, Beti Padhao Yojana’. Anyone can open a Sukanya Samriddhi Yojana Account for their girl child in from an authorized bank branch or a post office branch. Account can be opened in the name of a girl child…
