New Delhi: A large number of members of the Employees Provident Fund Organisation (EPFO) would be able to see their updated EPF accounts with credit of 8.5 per cent rate of interest for 2019-20, a senior official told media. The official further informed that the labour ministry has already sent...
EPFO likely to credit 8.5pc interest on EPF for 2019-20 by Dec
New Delhi: Earlier in September this year, the Employees Provident Fund Organisation had decided to split 8.5 per cent interest into two installments of 8.15 per cent and 0.35 per cent in its trustees meet headed by Labour Minister Santosh Gangwar. A highly placed source told PTI that the Labour...
How to be financially secured in the new decade
We are now ending the year 2020 with just a month and going to welcome the new decade 2021-2030 with full enthusiasm and energy. Although the year 2020 was quite dull and boring due to the pandemic, but it helped us realize what is most important in our lives -...
Good financial tips to follow
Financial stability is based on our income sources and bandwidth. Having a systematic approach in handling finances should be followed for secured living. Every month, one needs to record expenses and reconcile their bank accounts. This type of budgeting can be helpful for the long run. If you want to...
Why investing in fixed deposits is always a good option?
Everyone has financial goals. Some have plans to travel abroad in the next five years while some want to buy a car in the next two years while some want to get their children admitted to a foreign university in the next 10 years. Since these goals have a lot...
Invest Diwali Bonus With Bajaj Finance FD
With India’s workforce being subject to pay cuts and massive layoffs in the last 6 months, with over 10.8 million jobs lost as per research by a leading web portal , the need for careful financial planning is ever apparent. Thankfully, in many sectors, the economy is picking up, salary...
Tips to keep a crisis fund ready
An emergency fund or reserve is the need of the hour these days. We live in coronavirus times where anything can happen to anyone. Hence, a good financial plan must include an emergency corpus to move towards a stable and secured life. It also gives peace of mind to the...
Invest a portion of salary in the Bajaj Finance Fixed Deposit to meet financial goals
With interest rates up to 7.35 percent on Bajaj Finance Fixed Deposit, one can save a small portion of their monthly salary to get assured returns. In the current volatile economic situation, features like preservation of principal amount and surety of returns have ensured that fixed deposit (FDs) is a...
Personal Finance:Keep these 7 things in mind before making a fixed deposit, otherwise you may have to bear the loss
Before investing in a fixed deposit, it is important to think carefully before deciding its tenure.It would be better to invest in small finance bank for higher interest Fixed deposit i.e. FD is a popular means of investment in our country. People consider it safe and in this they get fixed...
ICICI Bank cuts interest rates on FDs for select maturity periods
ICICI Bank has cut interest rates on its FDs for select maturity periods. Here we are talking about FD with premature withdrawal facility of less than Rs 2 crore. The new revised interest rates for such FDs came into effect from October 21. The maturity period for which ICICI Bank...