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Disclaimer - This article is issued in the general public interest and meant for general information purposes only. The views expressed in this blog are solely those of the writer and do not necessarily reflect the official policy or position of Canara HSBC Life Insurance Company Limited or any affiliated entity. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the blog or the information, products, services, or related graphics contained in the blog for any purpose. Any reliance you place on such information is therefore strictly at your own risk. You should consult with a qualified professional regarding your specific circumstances before taking any action based on the content provided herein.
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Disclaimer - This article is issued in the general public interest and meant for general information purposes only. The views expressed in this blog are solely those of the writer and do not necessarily reflect the official policy or position of Canara HSBC Life Insurance Company Limited or any affiliated entity. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the blog or the information, products, services, or related graphics contained in the blog for any purpose. Any reliance you place on such information is therefore strictly at your own risk. You should consult with a qualified professional regarding your specific circumstances before taking any action based on the content provided herein.
Fixed Returns, Zero Risks & Worries
4 Plan Options Life cover + Guaranteed benefits Accidental death benefit Premium protection cover
Fixed Returns, Zero Risks & Worries
4 Plan Options Life cover + Guaranteed benefits Accidental death benefit Premium protection cover
Save, Dream, Plan. Live Peacefully
Guaranteed Maturity Benefit Tax Benefits
Save, Dream, Plan. Live Peacefully
Guaranteed Maturity Benefit Tax Benefits
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National Savings Certificate Tax Saving Plans Senior Citizen Savings Scheme Calculator NPS and PPF Savings & Investment Plans Saving Schemes Save Money For Salaried Professionals One time Investment Plan for Child
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National Savings Certificate Tax Saving Plans Senior Citizen Savings Scheme Calculator NPS and PPF Savings & Investment Plans Saving Schemes Save Money For Salaried Professionals One time Investment Plan for Child
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Investment Options for an NRI All About PPF Sum Assured Policy Surrender Value Guaranteed Savings Plan
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Investment Options for an NRI All About PPF Sum Assured Policy Surrender Value Guaranteed Savings Plan
Savings and Investment Plans from Canara HSBC Life Insurance
We bring you a collection of popular Canara HSBC life insurance plans. Forget the dusty brochures and endless offline visits! Dive into the features of our top-selling online insurance plans and buy the one that meets your goals and requirements. You and your wallet will be thankful in the future as we brighten up your financial future with these plans.
Savings and Investment Plans from Canara HSBC Life Insurance
We bring you a collection of popular Canara HSBC life insurance plans. Forget the dusty brochures and endless offline visits! Dive into the features of our top-selling online insurance plans and buy the one that meets your goals and requirements. You and your wallet will be thankful in the future as we brighten up your financial future with these plans.
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Senior Citizen Saving Scheme Post Office Savings Scheme What is Sum Assured? Money Saving Tips Saving Plans for Child Endowment Policy iSelect Guaranteed Future Plus Plan
Popular Searches
Senior Citizen Saving Scheme Post Office Savings Scheme What is Sum Assured? Money Saving Tips Saving Plans for Child Endowment Policy iSelect Guaranteed Future Plus Plan
10 Best Saving Plans and Schemes for a Secure Future
Public Provident Fund: It is the safest and most popular government-backed savings option in India. The PPF benefits are payable in lump sum form or up to 12 instalments per financial year. It is a flexible savings option as one can also transfer the PPF account from one post office or bank to another.
What are Some Best Saving Plans and Schemes in India?
Public Provident Fund : Public Provident Funds ( PPF ) is an initiative of the National Saving Organization, offering a term period of 15 years. It is one of the safest options of investment, with a fixed interest rate of 7.79%. The interest and the maximum limit of funds i.e. 1.5 lakhs, both are tax exempted. Another advantage of PPF is that it is quite flexible and can be transferred from any bank or post office to another bank and post office. The minimum contribution allowed is Rs. 500 and the maximum is Rs. 1.5 lakhs. It is the most selected savings plan.
10 Best Saving Plans and Schemes for a Secure Future
Recurring Deposits: It is a term deposit offered by banks. This money-saving plan requires regular deposits and upon maturity, generates substantial returns. Individuals have the freedom to choose the period, the amount, and the number of monthly deposits as per their convenience. It is one of the savings plans where mid-term and premature withdrawals are not allowed, and if anyone requires an early withdrawal, the bank may charge a penalty. It offers high interest rates for senior citizens and also be used as collateral for taking loans. The main drawback is that the monthly amount you decide on cannot be changed, and thus, you need to have a steady income source to opt for their savings plan.
What are Some Best Saving Plans and Schemes in India?
Recurring Deposit : A recurring deposit is a term deposit which a bank offers. In this type of savings plan , investors deposit money regularly and earn high returns upon maturity. The interest rate is between 4.5%-6.5%, with guaranteed returns. The minimum investment is Rs 500 and the maximum investment can be up to Rs. 1 lakh. Recurring Deposits offer higher interest rates to senior citizens. Also Read - Difference Between RD and FD
10 Best Saving Plans and Schemes for a Secure Future
National Savings Certificate (NSC): It is a fixed-income savings plan that can be opened with any post office in India. National Saving Certificate is an initiative of India's government to encourage investors mainly from small or mid-income categories to invest their money while saving on income tax. It is a low-risk investment and gives fixed returns. The minimum age requirement for a money investor is 18 years. For minors, a joint account can be opened with an adult. One main advantage is that there is no limit on the maximum number of NSCs that one can purchase. An investment up to Rs. 1,50,000 annually in this plan can earn a tax break, as per Section 80C of the Income Tax Act. The investor can even nominate a family member for the savings plan, even if the family member is minor. The NSC savings plan is free to open by anyone except Hindu Undivided Families (HUFs), trusts, and non-resident Indians.
What are Some Best Saving Plans and Schemes in India?
National Saving Certificate : It is a fixed income investment plan, which can be opened with any post office. You get tax exemption benefits along with wealth accumulation. The National Savings Certificate is perfect for mid-income investors, as there is low risk.