Objective: The objectives of the Gold Monetization scheme are: i) To mobilize the gold held by households and institutions in the country. ii) To provide a fillip to the gems and jewellery sector in the country by making gold available…
Category: Finance
Some Frequently Asked Questions-Atal Pension Yojana
What is Pension? Why do I need it? A Pension provides people with a monthly income when they are no longer earning. Share on: whatsapp
Some Frequently Asked Questions on PRADHAN MANTRI SURAKSHA BIMA YOJANA
Q1. What is the nature of the scheme? The scheme will be a one year cover Personal Accident Insurance Scheme, renewable from year to year, offering protection against death or disability due to accident. Q2. What would be the benefits…
Frequently Asked Questions & Clarification on PRADHAN MANTRI JEEVAN JYOTI BIMA YOJANA
Q1. What is the nature of the scheme? The scheme will be a one year cover Term Life Insurance Scheme, renewable from year to year, offering life insurance cover for death due to any reason. Q2. What would be the…
Details of Atal Pension Yojana (APY) Scheme
The Atal Pension Yojana (APY) would be introduced from 1st June, 2015. 1. Introduction 1.1 The Government of India is extremely concerned about the old age income security of the working poor and is focused on encouraging and enabling them to join…
Details of PRADHAN MANTRI JEEVAN JYOTI BIMA YOJANA (Life Insurance)
The Scheme is starting from 1st June, 2015 Details Of The Scheme: The scheme will be a one year cover, renewable from year to year, Insurance Scheme offering life insurance cover for death due to any reason. The scheme would be…
PRADHAN MANTRI SURAKSHA BIMA YOJANA (Accident Insurance) Scheme Details
The Scheme is starting from 1st June, 2015. Details of Pradhan Mantri Suraksha Bima Yojana Scheme: The scheme will be a one year cover, renewable from year to year, Accident Insurance Scheme offering accidental death and disability cover for death or…
Banks to implementation of Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) from 01.06.2015
RBI/2014–15/585 DCBR.BPD (PCB ) Cir.No.8/12.05.001/2014–15 May 5, 2015 Modalities for implementation of Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) Government of India, Ministry of Finance intends to roll out Pradhan Mantri Jeevan Jyoti Bima Yojana…
All Term Deposit in Banks below Rs.15Lakh should have premature Withdrawal facality
BI/2014–15/554 DBR.No.Dir.BC.87/13.03.00/2014–15 April 16, 2015 Please refer to our circulars DBOD. No. Dir.BC.36/13.03.00/98 dated April 29, 1998, DBOD. No. Dir.BC.07/13.03.00/2001–02 dated August 11, 2001 and DBOD. No. Dir. BC.74/13.03.00/2012–13 dated January 24, 2013 in terms of which banks are allowed to offer…
Interest rates of PPF, Kisan Vikas Patra, SCSS & Sukanya Samriddhi Account for Financial Year 2015–16 from 1st April, 2015
Please refer to our circular RBI/2011–12/359 dated January 20, 2012 regarding interest rates on small savings schemes, wherein it was indicated that as per Government’s decision on revision of interest on small savings schemes, the interest rates on various small…