From Passport Companies To Small Saving Schemes –Record Of Monetary, Different Companies Provided By Submit Places of work To Clients
Account (POSA)
Min. steadiness – Rs 500/- and Rs zero in case of Fundamental Financial savings Account
ATM / Web & Cell Banking Facility / NEFT & RTGS
Submit workplace Financial savings Accounts with India Submit Cost Checking account linkage for UPI, IMPS and so forth.
Max. instalment: No restrict
Time period: 5 Years and extendable for one more 5 years
1/2/3/5 Yr(s)
Max. Deposit: No restrict
Earnings Tax exemption for funding in 5 Yr TD
Extension – Twice after completion of time period
Earnings Scheme (MIS)
Min. Deposit: Rs 1,000/- or in its a number of
Max. Deposit: Rs 9.0 lakh /- (particular person); Rs 15 lakh (in Joint)
Time period – 5 Years
For supply of quarterly earnings
Min. Single Deposit: Rs. 1,000/- or in its a number of
Max. Deposit: Rs. 30,00,000/-
Time period – 5 Yr and extendable after the expiry of every block interval of three years
Max. Deposit: Rs 1,50,000/- in a Monetary Yr
Min. Subsequent deposit within the a number of of Rs 50/-
Earnings Tax exemption for funding
Tax free Curiosity
Time period – 15 Years and extendable additional
Sukanya Samriddhi Yojana Account (SSA)
Min. Preliminary Deposit: Rs 250/-
Max. Deposit: Rs 1,50,000/- in a Monetary Yr
Min. Subsequent deposit within the a number of of Rs 50/-
Earnings Tax exemption for funding
Tax free Curiosity
Time period – 21 Years
Financial savings Certificates – VIII Difficulty (NSC)
Most funding: No restrict – In multiples of Rs 100/-
Earnings Tax exemption for funding
Time period – 5 years
Most funding: No restrict – In multiples of Rs 100/-
Maturity – Double the quantity of funding
Funding is allowed from 01.04.2023 to 31.03.2025
Minimal funding – Rs 1,000/-
Most funding: Rs 2 Lakh per particular person – In multiples of Rs 100/-
3 months-time-gap between the opening of accounts
Time period – Two years
Lockup interval – 6 months
Initially, 4515 accounts had been opened and funded
Funding differs based mostly on the age of kid and maturity quantity is Rs10 Lakh
MIS Curiosity is payable on 10 Lakh from the age of 18 to 23
Maturity on the age of 23 of the account holders.
Digital Debit Card
Home Cash Switch companies
Invoice and utility funds
Insurance coverage companies for IPPB prospects