Under the Prime Minister Awas Yojana (PMAY), Govt. has announced slab based subsidies can actually save Rs 2.4 lakh for any first time home owner, if he is earning less than Rs 18 lakh per annum.This applies for those, who opt for a home loan spanning at least 20 years. As of now, this subsidy is present only for those who are earning less than Rs 6 lakh.
2. Mutual Funds
- We provide an advisory service which identifies investment goals & risk tolerance and provide customised scheme recommendations based on these preferences.
- We ensures that investors capitalise on schemes which will help them realise their dreams earlier and faster.
- We provides investors access to a vast library of news, views, updates and statistics related to mutual fund schemes and everything else that impacts them.
- We also provides intelligent measures to empower the investor with expected savings, past performance of schemes, wealth calculators and retirement planning.
- With this detailed level knowledge at their disposal, investors can make a well-informed decision on the right schemes to invest.
- Sukanya Samriddhi Scheme is one of the best investment options available today. It not only offers lucrative returns to the investor but is also a tax free investment option. It was launched as a part of Beti Bachao Beti Padhao initiative to promote welfare of women in India.
- Maximum of 2 accounts can be opened in public sector banks & post offices by the parents/legal guardian for 2 different girl children only (3 accounts in special case).
- Minimum deposit of Rs. 1,000 & maximum deposit of Rs. 1,50,000 per year is allowed via cheque/DD/cash.
- Rate of interest is 8.6% p.a.
- Interest income and amount received at the time of maturity are tax free.
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