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Difference between EPF and PPF
Compare Personal Loan Interest Rates
ICICI Prudential Balanced Fund - Monthly Dividend Option

Posted: 10 Jan 2016 05:37 AM PST

Difference between EPF and PPF

Employees' Provident Fund (EPF) and Public Provident Fund (PPF) are long-term investment options for retirement

Employees' Provident Fund (EPF) and Public Provident Fund (PPF) are long-term investment options for retirement. However, there is a crucial difference between the two. The EPF is available only for salaried employees. The employee can contribute 12 per cent of his salary every month in the fund and the employer would also make a matching contribution.

The PPF is a statutory scheme of the central government started with the objective of providing old age income security to the unorganized sector workers and self-employed persons. Both schemes offer assured returns. However, the interest rates are revised by the government periodically.

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Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds
Top 10 Tax Saving Mutual Funds to invest in India for 2016
Best 10 ELSS Mutual Funds in india for 2016

1. BNP Paribas Long Term Equity Fund
2. Axis Tax Saver Fund
3. Franklin India TaxShield
4. ICICI Prudential Long Term Equity Fund
5. IDFC Tax Advantage (ELSS) Fund
6. Birla Sun Life Tax Relief 96
7. DSP BlackRock Tax Saver Fund
8. Reliance Tax Saver (ELSS) Fund
9. Religare Tax Plan
10. Birla Sun Life Tax Plan

Invest in Best Performing 2016 Tax Saver Mutual Funds Online
Invest Online
Download Application Forms
For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
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Compare Personal Loan Interest Rates

Posted: 10 Jan 2016 04:26 AM PST

Compare Personal Loan Interest Rates

Personal loan offerings differ from different bank providers, however the fundamental principle does not change. Personal loan interest rates vary depending on a number of factors such as:

Employment Type: Personal loan interest rates differ for salaried and non-salaried personnel, considering non salaried personnel can pose risky investment possibilities

Company Type: Companies are organised into Category A, B and C based on parameters like revenue, adherence to standards and so on

Salary: Your salary dictates how much your interest rate could be. Lower salaries usually warrant higher interest rates to mitigate the banks lending risk

Andromedaloans.com is the online portal of Andromeda Sales & Distribution, India's largest loan distributor, and works with over 35 preferred banks like Axis Bank, Bajaj Finserve, Cholamandalam, Citibank, DCB, Deutsche Bank, DHFL, ECL Finance, EDELWEISS, First Blue, Fullerton, Capital First, HDB Financial Services, HDFC BANK LTD, HDFC LTD, HSBC, ICICI Bank Ltd, IndiaBulls Financial Services Pvt Ltd, Indiainfoline, Indusind Bank, ING Vysa Bank Ltd, Investment financial Services Pvt Ltd, Karvy Financial Services Pvt Ltd, Kotak Mahindra Bank Ltd, Magma Finance, Money line, Punjab and National Bank, Reliance, Religare, Standard Chartered Bank, Shriram City, Tata Capital, Electronica Finance Limited, Money Matters Finance Ltd to name a few.

Personal Loan – Lowest Interest Rates


Banks/Rates	Salaried
	Category A	Category B	Others
ICICI Bank	13.49% – 14%	16%	16%
	(Specific Companies Only)	(Salary Greater Than 75,000)	(Salary Above 75,000)
	15.50%	16.50%	16.50%
	(Salary Greater Than 75,000)	(Salary Between 50,000 -75,000)	(Salary 50,000 -75,000)
	16%	17%	17%
	(Salary Between 50,000 -75,000)	(Salary Between 35,000 -50,000)	(Salary 35,000 – 50,000)
	16.50%	17.50%	17.50%
	(Salary between 35,000 -50,000)	(Salary Between 20,000 -35,000)	(Salary 20,000 -35,000)
	17%	17.50%	17.50%
	(Salary between 20,000 -35,000)	(Salary Less Than 20,000)	(Less Than 20,000)
	17%
	(Salary Less Than 20,000)

HDFC Bank	13.99% – 14.75%	15.75%	20%
	(Specific Companies Only)	(Salary Greater Than 75,000)
	15.75%	16.25%
	(Salary Greater Than 75,000)	(Salary Between 50,000 -75,000)
	16.25%	17%
	(Salary Between 50,000 -75,000)	(Salary Between 35,000 -50,000)
	17%	18.25%
	(for 35,000-50,000 salary)	(Salary Less Than 35,000)
	18.25%	11.99% – 13.75%
	(Salary Less Than 35,000)	(Special Rate for Loan Between 10lakhs – 20lakhs)
	11.99% – 13.75%
	(Special Rate for Loan Between 10lakhs – 20lakhs)

Bajaj Finserv	15% – 16%	16%	16.50% – 17%

ING Vysya	13.50%	13.50%	14.99%
	Salary Greater Than 1.5 Lakhs	Salary Greater Than 1.5 Lakhs	(Salary Above 75,000)
	13.75%	13.75%	16.75%>
	Salary Between 1 Lakh – 1.49 Lakhs	Salary Between 1 Lakh – 1.49 Lakhs	(Salary 40,000 -75,000)
	13.99%	14.25%	18.25%
	Salary Between 75000 – 1 Lakh	Salary Between 75000 – 1 Lakh	(Salary 25,000 – 40,000)
	16.25%	16.25%
	Salary between 40,001 – 69,999/td>	Salary between 40,001 – 69,999	0.5% Waiver for Ing Salary Account Holder)
	17.25%	17.25%
	Salary between 25000-40000	Salary between 25000-40000
	0.5% Waiver for Ing Salary Account Holder)	0.5% Waiver for Ing Salary Account Holder)

Kotak Bank	13.50%	16.50%	17%
	(For Special Companies)
	15%

Fullerton India	16% – 32%	16% – 32%	16% – 32%

Standard Chartered Bank	16% – 17%	17% – 18%	19% – 22%

HDB Financial Services	16%	16%	17%
	Salary Greater Than 75000	Salary Greater Than 75000	Salary Greater Than 75000
	17%	17%	18%
	Salary 35,000-75,000	Salary 35,000-75,000	Salary 35,000-75,000
	18%	18%	21%
	Salay Less Than 35,000	Salay Less Than 35,000	Salay Less Than 35,000

Citibank	16%	17%	17%
	Salary Less Than 30,000	Salary Less Than 30,000	Salary Less Than 30,000
	15%	16%	16%
	Salary Greater Than 35,000	Salary Greater Than 35,000	Salary Greater Than 35,000

IndusInd Bank	14%	14.50>	15%
	Salary Greater Than 1 Lakh	Salary Greater Than 1 Lakh	Salary Greater Than 1 Lakh
	14.50%	15%	15.50%
	Salary Between 50,000 – 1 Lakh	Salary Between 50,000 – 1 Lakh
	16%	15.50%	16.50%
	Salary Less Than 50,000	Salary Less Than 50,000	Salary Less Than 50,000

Axis Bank	15%	17%	19% – 20%
	(For Super CAT A)
	16%
	(For CAT A)

Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

Top 10 Tax Saving Mutual Funds to invest in India for 2016 or Best 10 ELSS Mutual Funds in india for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Franklin India TaxShield

4. ICICI Prudential Long Term Equity Fund

5. IDFC Tax Advantage (ELSS) Fund

6. Birla Sun Life Tax Relief 96

7. DSP BlackRock Tax Saver Fund

8. Reliance Tax Saver (ELSS) Fund

9. Religare Tax Plan

10. Birla Sun Life Tax Plan

Invest in Best Performing 2016 Tax Saver Mutual Funds Online

Invest Online

Download Application Forms

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

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Leave your comment with mail ID and we will answer them

You can write to us at

PrajnaCapital [at] Gmail [dot] Com

Leave a missed Call on 94 8300 8300

ICICI Prudential Balanced Fund - Monthly Dividend Option

Posted: 10 Jan 2016 02:50 AM PST

ICICI Prudential Balanced Fund - Invest Online

ICICI Prudential Mutual Fund has renamed the existing Dividend Option offered under ICICI Prudential Balanced Fund as ICICI Prudential Balanced Fund - Monthly Dividend Option with effect from December 24, 2015.

The option will be renamed under both Direct and Regular Plans.