Now a days it become necessary for every individual to save money. What ever you earn try to make saving from your current income. There are so many schemes of saving.
First of all a question arise in our mind, What is Saving? Answer is very simple, Money that we do not spend is our saving.
Banking Schemes are the most beneficial to all the person,
Pradhan Mantri Jan Dhan Yojana (PMJDY):
In this scheme you have to open a Basic Savings Bank Deposit account and you can deposit any amount in this account, it does not required there should be minimum balance in your account, like bank saving accounts. You will get Rupay Debit Card which you may use at any time. It also cover Insurance Benefit covers Rs. 2 lakh. Over and above this depositor will get overdraft facility up to Rs. 10,000. Over and above interest on credit balance is credited to your account.
Sukanya samridhi account:
You can open an account with initial deposit of Rs.1,000, while rate of interest is at highest rate. Easily you can operate this account very flexible. Over and above, depositor is entitled for the benefit of Section 80C of the Income Tax Act 1961.
PENSION SCHEMES:
Atal Pension Scheme:
An individual can open basic Saving Bank Deposit Account, with no minimum balance requirement. Individual can enjoy the benefit of Rupay Debit Card. Depositor is also entitled for interest on deposit. Over and above Accident Insurance cover of Rs. 2,00,000
Pradhan Mantri Shram Yogi Maan dhan
This is a family pension plan. Monthly contribution Rs.55 – 200 and after the age of 60 years Rs. 3,000 per month as pension. You can enroll through common service centre and facilitation centre. Over and above this exit provision is very flexible.
INSURANCE SCHEMES:
Pradhan Mantri Jeevan Jyoti Bima Yojana(PMJJBY)
This scheme is eligible between age group of 18 to 50 years, and risk coverage of the scheme os of Rs. 2,00,000. Rs. 330 per annum it, will be auto debited.
Pradhan Mantri Suraksha Bima Yojana(PMSBY)
This scheme is eligible between age group of 18 to 70 years, and risk coverage is of Rs. 2,00,000 for accidental death and Rs. 1,00,000 for partial disability. Rs. 12 per annum will be auto debited.
Importance of Bank Accounts:
Solely and gradually income will be generating in your accounts, fully safe funds, which may useful to you as well as your children in future. Bank accounts can help you in getting credit or loans
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