Check all details of Post Office Monthly Income Scheme

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India Post, the government-owned postal services, provides the facility of monthly income scheme with which the individual can invest a minimum of Rs 1,500 per month. The maximum investment limit for a single account holder is fixed at Rs 4.5 lakh,while, the upper ceiling for investment for joint account holders goes up to Rs 9 lakh. For calculation of the […]

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All you need to know about PM-SYM pension scheme


Pradhan Mantri Shram Yogi Maan-Dhan (PM-SYM) is a government pension scheme for unorganised workers that admits unorganised workers in the age group of 18-40 years with a monthly income up to Rs. 15,000. It also offers a minimum guaranteed pension of Rs. 3,000 a month after the subscriber turns 60. However, the worker should not be covered under any scheme […]

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Top things to know about Kisan Vikas Patra


People seeking to grow wealth invest in Kisan Vikas Patra certificates in a post office to get an interest on a compound basis. Also according to India Post’s website – the amount invested in a KVP account in a post office doubles in a period of 112 months. There is around 1.5 lakh post offices under India Post network, […]

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Aadhaar not needed to get SIM card – Details here


As per September 26, 2018 Supreme court verdict relating to Aadhaar authentication, the government has revamped the digital KYC norms, Aadhaar is not mandatory for getting a new SIM card connection. The government has directed telecom companies to implement this change and start accepting alternative documents. Now – Aadhaar is not mandatory to get new SIM card :- As per […]

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Good news for Salaried – Government ratifies 8.65% interest on EPF


Finance Ministry has approved 8.65 per cent rate of interest on Employees’ Provident Fund (EPF) for 2018-19 as decided by retirement fund body EPFO, benefitting more than 6 crore formal sector workers.  “The Department of Financial Services (DFS), a wing of Finance Ministry, has given its concurrence to Employees Provident Fund Organisation’s (EPFO) decision to provide 8.65 per cent rate […]

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