InvestmentKit - Latest Comments

Re: MIS - Monthly Income Scheme details - offered by Post Office of India

gkdoda — Wed, 29 Sep 2010 04:36:24 -0000

This limit is for a single person irrespective of branch or state.
Admin

Re: MIS - Monthly Income Scheme details - offered by Post Office of India

mrs v k jain — Sun, 26 Sep 2010 21:21:01 -0000

a one doubt that the maximum limit for single person is 3 lakh in one post office or one city or one state or whole india
thanking you
Mrs v k jain

Re: All about Post Office Recurring Deposit (RD) Scheme

gkdoda — Sat, 25 Sep 2010 10:21:50 -0000

The following link will help you.

http://www.investmentkit.com/g...

Admin

Re: All about Post Office Recurring Deposit (RD) Scheme

Avinash — Sat, 25 Sep 2010 10:04:30 -0000

hi iam avi kumar i wats to ask if I invest around Rs.1000 per month.how much i get after 5 years.

Re: Indian Mutual Fund >> Evaluate >> Mutual Fund Homepage >> Mutual Funds >> Investing In Mutual Funds >> Top Mutual Funds >> Best Mutual Funds >> Vanguard Mutual Funds >> Fidelity Mutual Funds >> Mu...

gkdoda — Fri, 10 Sep 2010 00:40:20 -0000

Your query has been answered on http://www.investmentkit.com/a...
Admin

Re: Indian Mutual Fund >> Evaluate >> Mutual Fund Homepage >> Mutual Funds >> Investing In Mutual Funds >> Top Mutual Funds >> Best Mutual Funds >> Vanguard Mutual Funds >> Fidelity Mutual Funds >> Mu...

Narasimha — Thu, 09 Sep 2010 08:10:04 -0000

Dear Sir/Madam,

I am 32 yrs old, married, working as a Software Engineer, making monthly take-home of 40,000 Rupees. My wife is a Home-Maker and aged 24Yrs. I have my dependent mother, aged 60yrs. We live in a rented apartment. My savings per month amounts to 8,000Rs to 10,000Rs Max.

To date, I do not own any Property, Insurance or Mutual Funds, Equity etc.

By the time I reach 35Yrs, we plan to have a baby and own a plot/construct a house, a total worth of Rupees 55 lakhs. At present, I want to invest 3000Rs each every month over 5 Yrs period for my Mother and Wife benefits / credits, and also reduce tax burden. Please guide me suitable / appropriate Investment route which has good returns and profits. I appreciate if you could let me know the names of specific Investment plans. What should my necessary Investment Portfolio look like ? I want to gain some returns in the Short term (3 to 5 yrs) as well as Long term (15 to 25 yrs).

Further to the above, I also plan to obtain a Life-Insurance Term Policy for my Wife and Mother which covers Health benefits, Risk coverage such as Accident, immediate Hospitalization etc ..... Please suggest the same. Is Family/Group Mediclaim Policy covered under Life-Insurance term plan?

Also, I wish to increase my income level by bettering my career options down the line in 2 to 3 years.

Child Education / Fund and Retirement Plans are my next level of interest.

Should you need any details, please let me know.

Looking forward to hear prompt and favorable response,

Truly,
Narasimha

Re: Frequently Asked Questions (FAQ) on Public Provident Fund (PPF) offered by Post office of India

Merwyn — Wed, 18 Aug 2010 01:02:17 -0000

The FAQs on PPF page is not updated.
The Interest Rate is still shown as 9.5% !!
Also many other answers need to be checked

Re: Kisan Vikas Patra (KVP) - by Post Office of India

Anuradhaverma78 — Sun, 08 Aug 2010 10:32:39 -0000

how interst on kvp works

Re: Frequently Asked Questions (FAQ) on Public Provident Fund (PPF) offered by Post office of India

Sriraman — Mon, 02 Aug 2010 04:40:44 -0000

is there any concession for senior citizens investing in PPF ?

Re: Public Provident Fund (PPF)-details,terms,calculator,form,faq

nilima jain — Sat, 31 Jul 2010 03:50:25 -0000

website is definitely informative. I wud like to know whether PPF A/C can really be opened in minor's name, because in the SBI branch near my house they did not allow minor PPF account. Thanks. Nilima Jain

Re: All about Post Office Recurring Deposit (RD) Scheme

N. Senthil Kumar — Fri, 30 Jul 2010 09:00:30 -0000

Sir, I am a central government employee working in Railway Department. For instance, If I open a Recurring Deposit account in favour of my wife name, may I avail tax benefits.

Re: SBI Life Insurance Plans - Money Back Plans -State Bank of India -, Children plans, Pension Plans

gkdoda — Mon, 26 Jul 2010 00:17:55 -0000

Customer ID is mentioned in your policy bond documents. Please look at them or contact customer support centre to assist you.
Admin

Re: SBI Life Insurance Plans - Money Back Plans -State Bank of India -, Children plans, Pension Plans

Swarnatallada — Sun, 25 Jul 2010 10:49:04 -0000

I want to know the customer id to check the current value of this scheme...please tell me how to get the customer id

Re: Senior Citizens Scheme 2003 by Government of India

Dr Snsharma — Sun, 18 Jul 2010 03:12:16 -0000

Cana person retire (VRS) at the age of53, can invest in senior citizen saving scheme 2004?

Re: All about Post Office Recurring Deposit (RD) Scheme

Nandan — Thu, 01 Jul 2010 06:35:51 -0000

There is anwhere changes in RD Locking if there made then plz letme know

Re: Frequently Asked Questions (FAQ) on Public Provident Fund (PPF) offered by Post office of India

Gautam13harish — Thu, 01 Jul 2010 05:33:03 -0000

I live in Delhi and working in a Hotel as Manager Accounts. Now I would be transferred to our other unit at Bangalore and I would like to close my PPF account which is currently open with Post Office. It is possible to close here and as and when required, I will open a new account there.

Re: MIS - Monthly Income Scheme details - offered by Post Office of India

PROBAN7 — Fri, 25 Jun 2010 16:26:42 -0000

The Plan
INR 1,20,00,000 ( INR 1.2 CRORE )
PO MIS
10TH - 42,00,000
19TH - 36,00,000
28TH - 42,00,000
PO RDS
1ST - 21,000
MONTHLY EARNING
INR 59,000
PO RDS MATURITY AFTER 5 YRS
INR 15,30,0000
PO MIS MATURITY AFTER 6 YRS
INR 1,32,00,000

Re: Public Provident Fund (PPF)-details,terms,calculator,form,faq

Raghu2509 — Thu, 24 Jun 2010 06:55:10 -0000

i want to open an ppf account in sbi through the agent, but bankers are saying that my presence at the time of opening is necessary, why i should go to bank if i am opening through the agent.

Re: Public Provident Fund (PPF)-details,terms,calculator,form,faq

vimalgupta — Sun, 20 Jun 2010 18:51:38 -0000

Sir please answer the above question.

Re: All about Post Office Recurring Deposit (RD) Scheme

Ravi — Sun, 20 Jun 2010 10:53:48 -0000

small savings schemes

Re: Frequently Asked Questions (FAQ) on Public Provident Fund (PPF) offered by Post office of India

Beaustark — Sun, 13 Jun 2010 08:48:03 -0000

Can i change the investement amount from intial investment of Rs.100 to Rs.200 later?

Re: Kisan Vikas Patra (KVP) - by Post Office of India

Shirish — Thu, 10 Jun 2010 09:46:48 -0000

How interest on KVP works i.e. accrued interest & actually received interest?

Re: Kisan Vikas Patra (KVP) - by Post Office of India

Ramesh Doctor — Tue, 08 Jun 2010 09:28:55 -0000

Latest developements have not been included in the website such as photo Id, 3 photos requirement while investing and maximum investment in MIS has increased from Rs 3.00 lakhs to 4.5 lakhs

Re: Public Provident Fund (PPF)-details,terms,calculator,form,faq

Kalyan Bhattacharya — Tue, 08 Jun 2010 04:20:23 -0000

I have my PPF in Howrah Head PO, Pin 711 101. I have applied for transfer of the same to Jadavpur University PO, Pin 700 032 on 05.04.2010. Till date the same have not reached. I have sumitted original passbook with the filled up form. I now only have a receipt of the PO. How long it takes for such transfers ? Could you help ?

Re: Public Provident Fund (PPF)-details,terms,calculator,form,faq

GAURAV — Mon, 07 Jun 2010 23:44:21 -0000

IF PPF A/C MATURES BEFORE MATURITY THEN WHAT ARE THE TAX CONSEQUENCES.