The Atal Pension Yojana (APY) is a government-backed pension scheme launched in 2015 to provide financial security to in the unorganized sector. Regulated by PFRDA, the scheme guarantees a fixed monthly pension of ₹1,000 to ₹5,000 after the age of 60 based on the subscriber’s contribution. Eligibility for Atal Pension Yojana Key Features of APY […]
Atal Pension Yojana (APY) – Eligibility, Details, Benefits Read More »
The RBI Floating Rate Savings Bond is a government-backed investment option designed for investors seeking safe, stable returns with periodic interest payouts. Issued by the Reserve Bank of India (RBI) on behalf of the Government of India, these bonds are especially popular among conservative investors and senior citizens. Below is a detailed overview of the
RBI Floating Rate Savings Bond: Eligibility, Interest, Taxation & Key Details Read More »
The Enhanced Access and Service Excellence (EASE) Reforms represent a major transformation initiative by the Government of India to revitalize Public Sector Banks (PSBs). These reforms are aimed at enhancing performance, governance, and customer-centric service delivery across India’s public banking sector. Background & Genesis of EASE Reforms The journey began with the “Gyan Sangam” (Knowledge
Enhanced Access & Service Excellence (EASE) | EASE Banking Reforms Read More »
Bank accounts is an essential requirement for everyone, and Government is also emphasising with various programs and schemes to bring everyone towards financial freedom with the bank account. However, people more often not satisfied with the banks service charges these days and troubled with the service charges. Even if you do not care about small
8 Common Service Charges in Bank and Tips to Avoid Them Read More »
Bharat Aadhaar Seeding Enabler (BASE) is a government of initiative to provide digital access to the Aadhaar Seeding of individual. This innovative platform empowers residents to link their Aadhaar numbers with Banki account of customer choice in a secure and efficient manner. Let’s understand what BASE is, why it matters, and how it helps streamline
Bharat Aadhaar Seeding Enabler (BASE): Seeding/ LInking Aadhaar with Bank Account Online Read More »
Opening a bank account is essential for financial management and transparency, especially for non-individual entities like Trust, Societies, Hindu Undivided Families (HUFs), Clubs, and Unincorporated Associations. Indian banks follow KYC (Know Your Customer) norms set by the RBI, which require submission of specific documents. This guide will help you understand the documents required to open
