Personal Finance / Zee Biz
SWP offers an easy and convenient means of having regular income withouthassle of breaking fixed depositsor tapping savings.With anSWP, you can take a specified amount from your mutual fund each month and keep your investment safe, while your money keeps growing.
Invest in a secure scheme offering 7.4% interest rate and receive regular monthly payouts while keeping your principal amount intact. Open a POMIS account today and secure your financial future.
UPI Reserve Pay allows users to reserve funds for specific merchants, preventing overspending. AI support, smart-device payments, and biometric authentication aim to simplify digital transactions across India.
A fixed deposit can be a great option for everyone. It not only keeps your money safe but also gives you guaranteed returns in the form of interest after a certain period.
Post offices in India offer small savings schemes like Kisan Vikas Patra(KVP), a guaranteed-return scheme that offers steady and secure wealth creation. This government-backed scheme comes with attractive interest rates, tax benefits and the safety of guaranteed returns.
SBI 1-year FD Plan:The PSU bank provides a 6.75 per cent interest rate to senior citizens on a one-year FD scheme. If a depositor submits Rs 5 lakh in this plan, they can get Rs 5,34,614 on maturity.