Money Deadlines for November 2023: There are several important ones in November financial deadlines and changes you should be aware of. These include the life certificate submission deadline as well as the last dates for investing in special fixed deposits offered by IDBI Bank, Punjab and Sindh Bank and HDFC Bank’s Senior Citizens Care FD. Here’s a breakdown of the deadlines listed by ET and changes you need to be aware of:
Life certificate of Jeevan Pramaan
Pensioners and those over 80 must submit their life certificate, also known as Jeevan Pramaan Patra, to continue receiving their pension. The annual life certificate for the pension must be submitted by November 30, 2023. Very old pensioners have the opportunity to submit their life certificates between October 1st and November 30th, 2023. Seniors between the ages of 60 and 80 have time from November 1st to November 30th, 2023 to submit their life certificates.
IDBI Bank Special FDs
IDBI Bank has extended the validity period of its special fixed deposit schemes, called Amrit Mahotsav FDs, to 375 days and 444 days tenor. The bank has extended the deadline for investing in these special FDs to November 30, 2023 from the previous deadline of October 31, 2023.
The Amrit Mahotsav FDs offer higher interest rates compared to regular FDs. For the 444-day program, regular, NRE and NRO customers can avail an interest rate of 7.15% while senior citizens can earn 7.65%. Early withdrawal and early closure are permitted for both systems. For the 375-day program, senior citizens can earn an interest rate of 7.65% while regular, NRE and NRO customers can earn 7.10%. Early withdrawal and closure are also permitted for this system.
Fixed Deposit Schemes of Punjab and Sindh Bank
Punjab and Sindh Bank has launched new fixed deposit schemes namely PSB Dhan Lakshmi and PSB Saving Plus which are valid only until November 30, 2023. The PSB Saving Plus scheme offers an interest rate of 6.50% per annum for a tenure of 333 days, with a minimum deposit requirement of Rs 500. Senior citizens and super senior citizens can avail higher interest rates of 7% and 7.15% respectively with the same tenure. receive.
The PSB Dhan Lakshmi scheme offers an interest rate of 7.40% per annum for a tenure of 444 days. Seniors and super seniors can get higher interest rates of 7.90% and 8.05% respectively for the same term.
HDFC Bank Senior Citizens Care FD
Under HDFC Bank’s Senior Citizens Care FD program, senior citizens investors are entitled to an additional interest rate of 0.25%. This premium is in addition to the existing 0.50% premium paid to senior investors in FD accounts. According to HDFC Bank’s website, senior citizens who book a fixed deposit of less than 5 Crores for a term of 5 years from one day to 10 years during the special deposit offer from May 18, 2020 to November 7, 2023 will get an additional bonus of 0, 25%.
These are the important financial deadlines and changes to keep in mind for the month of November.
Life certificate of Jeevan Pramaan
Pensioners and those over 80 must submit their life certificate, also known as Jeevan Pramaan Patra, to continue receiving their pension. The annual life certificate for the pension must be submitted by November 30, 2023. Very old pensioners have the opportunity to submit their life certificates between October 1st and November 30th, 2023. Seniors between the ages of 60 and 80 have time from November 1st to November 30th, 2023 to submit their life certificates.
IDBI Bank Special FDs
IDBI Bank has extended the validity period of its special fixed deposit schemes, called Amrit Mahotsav FDs, to 375 days and 444 days tenor. The bank has extended the deadline for investing in these special FDs to November 30, 2023 from the previous deadline of October 31, 2023.
The Amrit Mahotsav FDs offer higher interest rates compared to regular FDs. For the 444-day program, regular, NRE and NRO customers can avail an interest rate of 7.15% while senior citizens can earn 7.65%. Early withdrawal and early closure are permitted for both systems. For the 375-day program, senior citizens can earn an interest rate of 7.65% while regular, NRE and NRO customers can earn 7.10%. Early withdrawal and closure are also permitted for this system.
Fixed Deposit Schemes of Punjab and Sindh Bank
Punjab and Sindh Bank has launched new fixed deposit schemes namely PSB Dhan Lakshmi and PSB Saving Plus which are valid only until November 30, 2023. The PSB Saving Plus scheme offers an interest rate of 6.50% per annum for a tenure of 333 days, with a minimum deposit requirement of Rs 500. Senior citizens and super senior citizens can avail higher interest rates of 7% and 7.15% respectively with the same tenure. receive.
The PSB Dhan Lakshmi scheme offers an interest rate of 7.40% per annum for a tenure of 444 days. Seniors and super seniors can get higher interest rates of 7.90% and 8.05% respectively for the same term.
HDFC Bank Senior Citizens Care FD
Under HDFC Bank’s Senior Citizens Care FD program, senior citizens investors are entitled to an additional interest rate of 0.25%. This premium is in addition to the existing 0.50% premium paid to senior investors in FD accounts. According to HDFC Bank’s website, senior citizens who book a fixed deposit of less than 5 Crores for a term of 5 years from one day to 10 years during the special deposit offer from May 18, 2020 to November 7, 2023 will get an additional bonus of 0, 25%.
These are the important financial deadlines and changes to keep in mind for the month of November.
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