Search Results for "withdraw funds"

Investing

Are Mutual Funds Better than Fixed Deposits?

Mutual funds refer to the collection of market-based investments such as bonds, stocks, and funds. On the other hand, FDs are investments that accounts operated by banks and NBFCs, and are independent of market conditions. Fixed deposits are often considered to be the safest form of investment. When it comes […]

Investing

Are Mutual Funds Better than Fixed Deposits?

Mutual funds refer to the collection of market-based investments such as bonds, stocks, and funds. On the other hand, FDs are investments that accounts operated by banks and NBFCs, and are independent of market conditions. Fixed deposits are often considered to be the safest form of investment. When it comes […]

Accounting

Should You Open a Zero Balance Account?

In the quest for wallet-friendly banking solutions, individuals are always seeking ways to optimise their finances. As a result, the concept of zero-balance accounts, especially zero-balance savings accounts, has gained significant traction in India. These accounts are ideal for individuals seeking hassle-free banking with no minimum balance requirements. Let’s delve […]

Accounting

The Best Features of SSY Calculator and EPF Calculator

The systematic Investment Plan (SIP) Calculator and the Employees’ Provident Fund (EPF) Calculator are two financial tools that serve different purposes. They are designed to help individuals plan and manage their investments and savings effectively. Sukanya Samriddhi Yojana Calculator: The Sukanya Samriddhi Yojana (SSY) Calculator is a vital financial planning […]

Law

Features of UAN

To manage their EPF account efficiently, each Employee Provident Fund (EPF) member is issued a 12-digit identifier known as a Universal Account Number (UAN). Unrelated to employers, a worker’s UAN links all their PF (Provident Fund) accounts from various enterprises and job responsibilities. It consolidates all PF accounts granted to […]