The 8% Government of India Savings (Taxable) Bonds, 2003 has been closed for subscription from January 2, 2018. Now the same bonds would be relaunched offering 7.75% interest and maturity of 7 years from January 10, 2018. We look at the salient features of these GOI bond so that you can decide if it’s right […]
7.75% Government of India Savings (Taxable) Bonds 2018 – Should you Invest? Read More »
Government of India announces interest rate on small saving schemes like PPF, Senior Citizen Savings Scheme, Post Office Fixed and Recurring Deposits and Sukanya Samriddhi Account every quarter effective April 2016. This is done to keep these interest rates in sync with the market rates. The table below shows the interest reset schedule: Interest Rates
Small Savings Scheme Interest Rate – Jan – Mar’19 Read More »
Government of India has launched the Series III for FY 2017-18 of Sovereign Gold Bonds from December 25 to 27, 2017. These bonds are investment scheme where investors could buy gold in the form of Gold Bonds from Government of India. Highlights Sovereign Gold Bond Eligibility: Resident Individuals, HUFs, trusts, universities, charitable institutions, etc Application Date: December 25 to
Sovereign Gold Bond – December 2017 – Review & How to Apply? Read More »
Kosamattam Finance has come out with public issue of non-convertible debentures (NCD) offering up to 10.47% interest rate. The issue is already open for subscription and closes on December 29, 2017. Kosamattam Finance Ltd is a Kerala Based NBFC engaged in gold loan finance business. They lend money against the pledge of household Jewellery in the state
10.4% Kosamattam Finance Ltd NCD – Dec’17 – Should you Invest? Read More »
Government of India notified that PPF account holders can now close their PPF accounts prematurely in certain extreme cases with penalty. We explain you the conditions and the penalty impact. When can PPF Account be Closed before Maturity? The PPF account can be closed before maturity if it has been operation for at least 5
