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ATAL PENSION YOJANA

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  ATAL PENSION YOJANA ABOUT ATAL PENSION SCHEME-  The Atal Pension scheme is aimed at people who want to save a lesser amount of money for a fixed pension (primarily daily wage workers who are unable to save for their future), once they give up work. People working in the private sector, who are neither tax-payees nor a part of any other social security scheme, can also like its benefits. All eligible family members can subscribe to APS in their names for higher pension plan welfares to their families.   Suitability criteria to join the Atal Pension Scheme are as under: ·           Consumers who hold a valid savings account qualify to open an Atal Pension     scheme account. ·        The age of the aspirant must be between 18 and 40 years ·         Each aspirant must have a mobile number that he has to register at the time of   application. BENEFITS OF ATAL PEN...

PRADHAN MANTRI JAN-DHAN YOJANA

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 PRADHAN MANTRI JAN-DHAN YOJANA ABOUT PRADHAN MANTRI JAN-DHAN SCHEME- Pradhan Mantri Jan-Dhan Yojana (PMJDY) is National Mission for Financial Insertion to ensure admittance to financial services, namely, a basic savings & deposit accounts, remittance, credit, insurance, pension in an affordable manner. Under the scheme, a basic savings bank deposit account can be opened in any bank branch or Business Correspondent outlet, by persons not having any other account. BENEFITS UNDER PMJDY- ·          Interest is accessible on the deposits that are made towards the savings account opened under the scheme. ·          Individuals need not maintain a minimum balance under the scheme. However, in case they wish to avail cheque facilities, a minimum balance must be maintained. ·          In case individuals maintain the account in a good manner for 6 months, an over...

Govt. Financial schemes

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BEST GOVT. FINANCIAL INVESTING SCHEMES  ABOUT GOVT. INVESTING SCHEMES -   The Government of India today offers various options for employees, women, and individuals to attention more on their financial planning efficiently. But, on the other hand, they should select the right one which satisfies to their needs. This, in sequence, gives methods to increase the cash flow of investors to a huge extent.  The  investment scheme  strategies launched by the Indian Government are risk-free, thereby helping to certify peace of mind. They are accessible through banks, post offices, and other financial institutions that cater to the requirements of investors. Some of them even provide tax benefits which will help save more money. It is wise for investors to estimate schemes properly to gain more ideas in advance. Not only that, they even display ways to explore the options available in the markets with ease.