As name Systematic Saving Plan (SSP) indicates its a monthly saving plan offered by HDFC (not HDFC Bank) where one can save minimum from Rs.2000/- and accumulate a larger capital for future. Key Features: Min saving: Rs.2000/- per month. Period: 24 Months – 60 Months. Installments by ECS or auto-debit. Credit rating:”AAA” consecutively over decades…
What If I was Invested Rs.3000/- Per Month In PPF Since Yr.2000-01:
Origin of this post is the comment placed by one of the reader and can be read here.Thanks to the comment I don’t find any need to search for the old interest rates between 2000-2003. In that particular post we were ended assuming current rate of 8.60% will avg out for next 20 yrs and accordingly…
IFCI Tax Saving Infrastructure Bonds Series-V :
Industrial Finance Corporation Of India [IFCI] has come up with a next series of tax saving infrastructure bonds.This issue is eligible for tax benefits U/S 80-CCF max upto Rs 20,000/-.There is lock in period of 5 yrs due to tax benefits issue have. Issue Details: Issue Open Date:Feb 29, 2012. Issue Close Date:March 27, 2012….