RBL Bank revises savings account interest rates; earn up to up to 7% interest rate

According to the bank's official website, RBL Bank increased the interest rates on some of its savings accounts, including NRE/NRO Savings, by up to 75 basis points (bps).

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ICICI Bank hikes home loan, other loan interest rates; check latest loan interest rates

The marginal cost-based lending rates (MCLR) offered by ICICI Bank have increased by up to 10 basis points for all tenures. The higher interest rates are effective from March 1, 2023.

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Aadhaar authentication to become more secure with new system; know details

A new AI/ML-enabled security method for reliable fingerprint verification and quicker spoofing attempt detection has been successfully launched by UIDAI.

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How eligible employees can apply for higher pension under EPS on EPFO portal: A step-by-step guide

Employees Provident Fund Organisation (EPFO) has activated the link on the Member e-Sewa portal for the eligible EPF members to submit their application for higher pension under Employees' Pension Scheme. Here is a step by step guide on how to submit application for higher pension under EPS on the EPFO portal.

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Sovereign Gold Bonds: RBI issues dates for premature redemption, check details

The RBI released details about the SGB tranches that would be prematurely redeemed between April 1, 2023, and September 30, 2023, as well as the deadline for submitting requests for such a redemption.

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Bond yield reaches 7.45%: Returns from debt products are looking attractive, how to gain more from it

Debt funds are one of the rewarding options today for the debt portion of the portfolio. The 5-year government paper, which was available at 6-6.1% in March 2022, is today available at 7.45%. ​A better approach for an investor would be to lock in to the high yields provided by central government bonds.

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Cancer care is expensive; health insurance that covers cancer is not. Here’s how you can choose the right health insurance plan to protect yourself and your loved ones.

Cancer looms as a major public health burden in India, with the number of cancer cases only projected to rise. So, are you protected? Have you invested in a robust health insurance policy providing cancer cover to ensure financial stability? If not, it’s perhaps time. The silver lining? Cancer and health insurance plans are not that expensive as popular perceptions suggest. Here, we dispel all insurance-related misinformation.

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Stay invested: Don't cancel your SIPs, the India story is not over yet!

ET NOW's Managing Editor, Nikunj Dalmia, explains a case for staying invested in India.

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PM Kisan 13th installment released; how to check status online

Under the PM-Kisan scheme, the eligible farmers will receive an installment of Rs 2000 into their registered bank accounts. Here is how to check if PM Kisan's 13th installment is credited online

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SIP v/s SWP v/s STP

Different strategic methods of systematic investment and withdrawal from Mutual Funds. Here's how you can distinguish between SIP, SWP and STP.

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Small Finance Bank FD interest rates compared: Who is offering the highest rate?

Small finance banks (SFBs) continue to offer the highest interest rates, ranging from 8 per cent to 9 per cent on fixed deposits (FDs) to general citizens. Here is a list of small finance banks offering the best interest rates on fixed deposits.

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With volatility increasing in the capital market, now is the right time to consider phygital investing. Read to know why!

Inflation is on the rise, and this is causing the interest rates on loans to go up. This could lead to an increase in the cost of living for people who don't have an extended income source. Additionally, the stock market is seeing high interest rates which is causing more volatility.

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EPFO allows these EPS members to apply for higher pension till May 3; opens online application link

The Employees Provident Fund Organisation (EPFO) has activated the link for online application form for those EPS members who missed the earlier opportunity to apply for higher pension. On the Member e-Sewa portal of EPFO, it is mentioned that these eligible employees have time till May 3, 2023, to submit application form along with other required documents for higher pension.

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I’ve just started earning. Do I help my parents financially?

Find out how to balance your own needs with that of your parents and contribute to their financial requirements.

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How to cancel or block your HDFC Credit Card

Owning a credit card is very easy but it is important to close when the card is lost, misplaced or close when not in use anymore.

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Know how much you need to pay to get the higher EPS pension, return you can earn

It will be easier for you to decide whether to go for higher EPS or not on the basis of the total return your extra contribution will generate in its lifetime. However, various employment-related factors such as salary, growth in salary and gap in employment will vary for everyone, and this will determine the extent of pension and the additional fund required for the higher pension. So, a calculation will be only indicative and show some trends to help you make a better decision.

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SBI vs HDFC Bank vs PNB vs ICICI Bank vs YES Bank: Bank offering FD highest interest rates

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How you can improve your credit score

Opt for automatic debit facility to pay bills and EMIs to avoid default.

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Review your finances now: Four things you need to check

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6 benefits of paying your LIC premiums through net-banking

6 benefits of paying your LIC premiums through net-banking

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Senior citizen FD: Earn up to 8%; check SBI, HDFC Bank, ICICI Bank, and IDBI Bank special fixed deposit rates

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PSU banks now offer inflation-beating FD rates

PSU banks have taken the lead in raising deposit rates, offering as high as 8.5% to senior citizens for specific tenures. State Bank of India now offers 7.1% for a 400-day deposit, with senior citizens earning 7.6%. Among other nationalised banks offering attractive rates are Union Bank of India -7.3% for an 800-day deposit, and Central Bank 7.25% - for a 444-day deposit. Punjab and Sind Bank offers 8% for a 221-day deposit if done online, with senior citizens earning 8.5%.

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Can you claim higher pension from EPS if you were not contributing to EPF account in 2014?

The Supreme Court has allowed employees to apply for higher pension under EPS if they were members on September 1, 2014. However, there may be employees who were members of EPS and/or EPF but they were not making contributions to the EPF account. This may happen because of various reasons. In such a scenario, can such an employee opt for higher pension from EPS?

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UPI-PayNow linking: Who can use, daily limit, other details you must know

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How to check your EPS membership status to receive higher pension

Many employees may be wondering if they were members of Employees' Pension Scheme (EPS) on September 1, 2014 to apply for higher pension. If you are one such employee, then here is a step by step guide to check your EP and/or EPF membership status to opt for higher pension under EPS.

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Senior Citizen Savings Scheme vs Senior Citizens Special FDs: Which offers best returns?

Banks including the State Bank of India (SBI), ICICI Bank, and HDFC Bank offer special fixed deposits to senior citizens with a higher interest rate for a specific tenure.

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Will EPFO extend last date to apply for higher pension under EPS for eligible employees?

The last date to submit the application for the higher pension under the EPS is March 3, 2023. Hower, the Employees' Provident Fund Organisation issued guidelines for existing employees on February 20, 2023. With less than 12 days left for the deadline to expire, there are many documents that an individual has to submit along with the application form. Will EPFO extend deadline to apply for higher pension?​

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Decoding EPFO's new guidelines: How you can apply for higher pension now

Retirement fund body EPFO on Monday directed its regional offices to implement the November 4 Supreme Court judgement upholding the Employees Pension (Amendment) Scheme, 2014 and laid out the procedures through which subscribers can apply for higher pension under the EPS scheme.

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Home loan, personal loan, car loan: No more 'penal interest' for borrowers, says RBI

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YES Bank hikes FD interest rates: General to earn 7.5%; senior citizens to get 8%

YES Bank has increased the interest of select tenures of fixed deposits (FDs) by 25 to 50 basis points (bps). The new fixed deposit interest rates have been effective from February 21, 2022, as per the bank's website. Check YES Bank's latest fixed deposit interest rates

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SBI Amrit Kalash: New FD scheme offers up to 7.60%; who are eligible, other details

SBI Amrit Kalash: New FD scheme offers up to 7.60%; who are eligible, other details

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EPFO opens window for higher pension under EPS for eligible employees; read the full guidelines here

EPFO issued a circular on February 20, 2023, with guidelines on how eligible employees who missed out on opting for a higher pension under the EPS can now apply for it. Here is the circular issued by EPFO on February 20,2023

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UPI-PayNow launched: Who can use, daily limit, how it will benefit you

Unified Payments Interface (UPI) and PayNow, the two countries' respective rapid payment systems, were used to establish cross-border connectivity between India and Singapore on February 21.

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Tax-saving FD: These banks are offering the highest interest rates on tax-saving fixed deposits

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How will employees opting for higher EPS 95 pension compensate for lower contributions earlier?

All eligible EPS 95 members who wish to apply for the higher pension will have to make a higher contribution towards EPS 95 from the employer’s share on the basis of the actual wages till the time they remain active members of EPF or retire. However, a higher contribution from now onwards is not enough, as they will also have to pay the additional contributions for the previous years.

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EPFO issues guidelines for higher pension from EPS: Know where, how to apply

The EPFO on February 20 released a circular providing guidelines how eligible employees can apply for higher pension under the Employees Provident Scheme (EPS). The last date to apply for higher pension is March 3, 2023 as mandated by the Supreme Court judgement.

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When will PM Kisan 13th installment be released? Check expected date, time and other key details

PM Kisan amount is distributed in three equal installments of Rs. 2000 each, every four months. A direct bank transfer is done to the Aadhaar-seeded account of the beneficiary.

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PNB hikes FD interest rates by up to 30 bps; check latest fixed deposit rates

The new interest rates will be applicable for fixed deposits of less than Rs 2 crore. The increased interest rates on the FDs are effective from February 20, 2023, according to the PNB website.

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What is the rule of 72 in investing: 5 things to know

This rule gives a fair estimate if your portfolio return is within the range of 4-15%.

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FD interest rates: Federal Bank offers 7.25% interest to general investors, 7.75% to senior citizens

Federal Bank recently revised its interest rates on fixed deposits below Rs 2 crore. The highest interest rate offered by the bank can go up to 7.25 per cent for the general public and 7.75 per cent for senior citizens. Check the latest FD rates offered by the bank

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5 useful tips to manage your money after a job loss

Being laid off can be devastating. But don't panic. Do remember that being laid off is not necessarily a reflection of your performance. Now, you need to sketch a plan for how to pay your bills, and EMIs and manage your finances till you get a new job. Here are some useful tips to manage your money after a job loss.

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March 3, 2023, is last date to opt for higher pension from EPS but EPFO yet to issue circular

The Supreme Court in its judgement dated November 4, 2022 has provided one-time option for eligible employees to opt for higher pension from Employees' Pension Scheme (EPS). The last date to apply for the same is March 3, 2023. However, the EPFO is yet to issue the circular clarifying the process for opting for higher pension.

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Transcending finances and finding purpose

Money is needed for meeting our expenses, financial goals and securing material comforts. But it cannot make us happy or give us a high. Like they say, money can buy a bed, not sleep.

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IDFC FIRST Bank revises savings account interest rate, offers up to 7%

IDFC FIRST Bank has revised interest rates on its savings accounts, with effect from February 15, 2023. The bank offers highest interest rate of 6.75%.

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PM Kisan 13th installment: These farmers may not receive next instalment, here’s why

It has been made mandatory for the beneficiaries of the PM Kisan Scheme for e-KYC, linking bank account with Aadhaar and direct benefit transfer to a bank account for the next installment transfer

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IndusInd Bank offers up to 7.5% FD interest rate to general public, 8.25% to senior citizens

After the hike, regular depositors can now earn the highest interest rate of up to 7.5%and senior citizens can earn up to 8.25%.

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EPFO update: What happens to EPF account's interest if employer fails to deposit contribution

According to a ruling made by the Supreme Court in February 2022, an employer is required to cover damages if an employee's Employees' Provident Fund (EPF) contribution is delayed.

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Kotak Mahindra Bank hikes FD interest rates: Senior citizens can earn up to 7.70%

The new FD rates for amounts below Rs 2 crore will take effect on February 17th, according to the bank website. Kotak Mahindra Bank had earlier revised FD rates on February 10, 2023.

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Index Funds or ETFs: What's best for passive investing?

Harsh Roongta of Fee Only Investment Advisers talks about the differences between the two instruments and highlights their pros and cons.

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FD interest rates: This bank offers 9.5% fixed deposit interest rate for senior citizens, 9% for others

Unity Small Finance Bank offers senior citizens a maximum interest rate of 9.50% per year on fixed deposits held for 1001 days, while regular citizens earn 9.00% per year for the same time frame

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Is it a bank holiday on February 18 for Mahashivratri?

As the holiday falls on the third Saturday of the month, February will have three consecutive bank holidays on Saturday

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