Saving Bank account Portability has come at an opportunistic time when Reserve Bank of India has deregulated the saving account interest rates (from October 2011), following which few private sector lenders have hiked the rates to as much as 7 per cent, whereas banks such as HDFC Bank and SBI...
One can open an SCSS account in any post office. However, few authorized banks also accept investments for SCSS and help open an SCSS account. The following is the list of authorized banks. Bank of Baroda Bank of India Canara Bank Central Bank of India ICICI Bank IDBI Bank Punjab National...
The redemption of investments is possible only for the unlocked units at the current NAV price for the units available for redemption at maturity. The investor needs to submit a withdrawal form to the fund manager and the amount will be credited to the account. Features of Best Tax Saving Mut...
The NAV of the fund may fluctuate on account of market swings. As these funds have a well-diversified portfolio, the risk gets spread out among the underlying securities which are held by the fund. In addition to this, when you stay invested for long term, these risks tend to smoothen ...
Purchase: You may invest/purchase mutual fund units without the hassles of filling application forms. Redemption:In addition to giving hassle-free paperless redemption, Shriram Insight offers faster liquidity. The Redemption money will be credited directly to your bank account automatically after payout...