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The scheme currently provides an interest rate of 8.2% [3] (For Jan -Mar 2024 quarter) and tax benefits. The account can be opened at any India Post office or branch of authorized commercial banks. The Sukanya Samriddhi Account Rules, 2016 was rescinded on 12 December 2019 and the new Sukanya Samriddhi Account Scheme, 2019 was introduced. [4]
Other similar government savings schemes in India include: Public Provident Fund (PPF), Post Office Fixed Deposit, Post Office Recurring Deposit, etc. [3] The certificates were heavily promoted by the Indian government in the 1950s after India's independence, to collect funds for nation-building
Japan Post Bank, part of the post office was the world's largest savings bank with 198 trillion yen (US$1.7 trillion) of deposits as of 2006, [22] much from conservative, risk-averse citizens. The state-owned Japan Post Bank business unit of Japan Post was formed in 2007, as part of a ten-year privatization programme, intended to achieve fully ...
With 164,972 post offices (as of March 2024), India Post is the widest postal network in the world. The country has been divided into 23 postal circles, each circle headed by a Chief Postmaster General. Each circle is divided into regions, headed by a Postmaster General and comprising field units known as Divisions.
India Post Payments Bank, abbreviated as IPPB, is a division of India Post that is under the ownership of the Department of Post, a department under the Ministry of Communications of the Government of India. Opened in 2018, as of March 2024, the bank has more than 9 crore customers. [1]
MSSC Scheme was launched by the Government of India in Budget 2023 for women and girls in India. Agnipath Scheme: CS MoD: 2022 Defense The Agnipath Scheme will be the sole method for recruiting soldiers below the rank of commissioned officers into the three branches of the armed forces.
These are the best subscription gifts of 2024. ... with the option to prepay for anywhere from a month to a year. $30 at Bokksu. ... NY Post. Divers rescue man from icy Potomac River after car ...
Kisan Vikas Patra is a saving certificate scheme which was first launched in 1988 by India Post. It was successful in the early months but afterwards the Government of India set up a committee under supervision of Shyamala Gopinath which gave its recommendation to the Government that KVP could be misused. Hence the Government of India decided ...