Post Office Savings Accounts is one the post office scheme which can be opened at minimum amount of Rs.20 at the interest rate of 4% per annum. The minimum balance amount to be maintained is Rs. 50 (for non cheque facility). For cheque facility, if an account is opened with Rs. 500 and the minimum balance to be maintained is Rs. 500 in account. Cheque facility can be taken on existing account.
Tag Archive: Government Scheme
Under this "Pradhan Mantri Suraksha Bandhan Yojana", people can gift social security schemes to there loved ones. The receiver of this gift card have to visit there bank (if account is already opened) or open a zero balance account and deposit this gift card.
The Finance Minister re-introduced The Kisan Vikas Patra (KVP) in the budget 2014. The scheme launched in November 2014 by Finance Minister in presence of Minister of Communication & IT. The Kisan Vikas Patra (KVP) Re-Introduced to encourage savings among small investors.
The Pradhan Mantri - Jeevan Jyoti Bima Yojana is a one year renewable group term insurance scheme, offers life insurance cover for death due to any reason.
Our Prime Minister Shri. Narendraji Modi launched a new scheme on Independence Day on 2014, under which every family living in India must have a account. This Yojana/Scheme is known as "Pradhan Mantri - Jan Dhan Yojana"
Prime Minister Shri. Narendraji Modi, initiated a small deposit scheme "Sukanya Samriddhi Yojana" for the Girl Child as a part of "Beti Bachao Beti Padhao" campaign, earlier this year.The account may be opened by the guardian in the name of girl child. Account can be opened in post offices or authorized bank branches. Account can be transfered any where in India. After attaining the age of 10 years, the girl child may operate account herself.
The Finance Minister announced a new initiative, Pradhan Mantri - Atal Pension Yojana is also known as PMAPY, in his speech for 2015-16. This scheme is named after our Ex. Prime Minister Shri. Atalji Bihari Vajpayee. The motto behind launching PMAPY scheme is to provide a fixed pension to each & every citizen of India.