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Pradhan Mantri MUDRA Yojana (PMMY) offers loans up to Rs 10 lakh to non-corporate, non-farm small/ micro enterprises.

The last day to pay second instalment of advance income tax for fiscal year ending March 2019 is on September 15.

UMANG app, the one-stop shop to access more than 300 government services, has now started providing PAN cards or permanent account numbers, which is required for financial transactions like opening a bank account and filing income tax returns.

Bank fixed deposits are considered to be the safest investment instruments in terms of the guaranteed returns that they offer. Returns on fixed deposits are secure because FD interest rates do not change according to volatile market environment.

Zero Balance Digital Savings Accounts: If you want to open a new bank account within minutes, you may consider opening instant digital accounts with leading banks.

An overdraft facility up to Rs.10,000 is available to one account holder of Pradhan Mantri Jan Dhan Yojana per household after six months of satisfactory conduct of the account. The new overdraft limit of Jan Dhan accounts is double than the previous limit.

SBI or State Bank of India provides free-of-cost upgrade of debit card to its customers. The upgrade of existing debit card to an EMV chip-and-PIN debit card offers enhanced security, the country's largest bank SBI said on microblogging site Twitter.

Under the monthly average balance or MAB rules set by SBI, the bank's customers need to maintain an average balance of Rs 1,000-Rs 3,000 in a month. Failing to meet the MAB rules leads to penalty ranging from Rs 5 to Rs 15.

Premature withdrawal from fixed deposits basically means that the depositor is allowed to close the FD before its term ends.

Among the nine savings schemes that India Post provides, recurring deposit or RD accounts offer an interest rate of 6.9 per cent. Post office recurring deposits also offer the facility of rebate on advance installments.

A credit card is a financial instrument which opens a credit line for the cardholder to borrow funds from a financial institution against payment of interest. A credit card where on one hand is an effective tool for improving a credit profile, its careless use can damage it, say financial experts. Credit information companies provide records of payments against loans and credit cards by individuals and commercial entities to banks.

PPF account provides an investment avenue with decent returns coupled with income tax benefits.

Pradhan Mantri Jan Dhan Yojana: The Union Cabinet on Wednesday decided to the scheme an open-ended one.

SBI's savings bank account can also be linked to Multi Option Deposit (MOD) account for earning higher term deposit interest on surplus money.

Insurance experts emphasise on the importance of due diligence before taking call on a motor insurance policy. Besides, choice of insurer can also determine a policy experience in terms of factors such as premium, service, deductibles and add-ons.