Yearly Archives: 2020

Sukanya Samriddhi Yojana (SSY): Interest Rate, Eligibility, Benefits

SSY (Sukanya Samriddhi Yojana) is a government-backed small savings scheme for the advantage of girl child. it's a part of the Beti Bachao, Beti...

Term Insurance vs Traditional Life Insurance: Which is better?

Unexpected events in life will leave an individual in shambles (physically, mentally, and financially). Attributable to it, insurance has become a necessity of the...

Public Provident Fund (PPF) – Eligibility, Benefit, Rules and Withdrawal

Public Provident Fund (PPF) was introduced in India in 1968 with the objective to mobilize tiny saving within the form of investment, as well...

What is Margin Money in Loans?

Margin money happens to be the amount of the money that the borrower needs to pay by himself out of the total amount of...

RBI’s 3 Months EMI Moratorium: Everything You Should Know

The Reserve Bank of India (RBI) cut the loan interest rate on March 27 in view of crisis measures to shield the economy from...

All you need to know about UPI, Unified Payments Interface

Unified Payments Interface or UPI, has managed to make lives easier by effectively bringing the various different banks under one platform. UPI enables its...

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