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On the occasion of Rakshabandhan, you can give this gift to your sister, many banks have withdrawn special savings scheme

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Preparations are on to celebrate the festival of Rakshabandhan with great fanfare. On this festival, brothers give gifts to their sisters. Although many kinds of things are given in the gift, but if you want, you can also give a gift for your sisters on this occasion, which can prove to be much better for their future. You can give any gift to your sister, which can make them strong at the financial level. Such a gift can also help them in shaping their future. On the occasion of Rakshabandhan, many banks have made special offers in savings schemes for women.

Savings account
If your sister has not yet opened a savings account, you can open a bank account with a fixed amount. If you want, you can also open this account in the post office savings scheme.



<p data-recalc-dims= These banks have made special offers
On the occasion of Raksha Bandhan, banks have offered a separate savings scheme with some special features. These include Advantage Woman of ICICI Bank, Advantage Woman Aura Savings Account and Kotak Mahindra Bank’s Silk Woman Savings Account.

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These banks have made special offers
On the occasion of Rakshabandhan, banks have offered a separate savings scheme with some special facilities. These include Advantage Woman of ICICI Bank, Advantage Woman Aura Savings Account and Kotak Mahindra Bank’s Silk Woman Savings Account.



<p data-recalc-dims= Flexi account or sweep-in facility
Though the rate of interest on savings account is low, but this will save money in one place. If you wish, you can take the Flexi account or Sweep in facility on the Savings account. Under this facility, the amount is converted into an FD account when there is an amount higher than the fixed limit in the savings account. It gets more interest.

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Flexi account or sweep-in facility
Though the rate of interest on savings account is low, but this will keep the money deposited in one place. If you wish, you can take the Flexi account or Sweep in facility on the Savings account. Under this facility, the amount is converted into an FD account when there is an amount higher than the fixed limit in the savings account. It gets more interest.



<p data-recalc-dims= Where to get this facility
Many banks offer sweep in savings account, while some banks have to open a separate account for this. This account is also a normal savings account, but if the amount is high, it is put in a fixed deposit. Interest is paid on this at the rate of fixed deposit.

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Where do you get this facility
Many banks offer sweep-in facility in savings account, while some banks have to open a separate account for this. This account is also a normal savings account, but if the amount is high, it is put in a fixed deposit. Interest on this is available only at the rate of fixed deposit.



<p data-recalc-dims= Recurring Deposit Scheme
Recurring deposit is a scheme in all banks and post offices. This scheme attracts more interest than the normal savings scheme. This scheme has the advantage that you do not have to deposit a lump sum. You can deposit the amount every month according to your convenience.



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Recurring Deposit Scheme
All banks and post offices have a recurring deposit scheme. This scheme attracts more interest than the normal savings scheme. This scheme has the advantage that you do not have to deposit a lump sum. You can deposit the amount every month according to your convenience.



<p data-recalc-dims= Fixed Deposit Scheme
If you want to deposit a lump sum amount, you can make a fixed deposit for sister in a bank or post office scheme. Investing in it will be appropriate to know how much interest is received on fixed deposits in different banks or post offices.

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Fixed deposit scheme
If you want to deposit a lump sum amount, you can make a fixed deposit for sister in a bank or post office scheme. Investing in it will be appropriate to know how much interest is received on fixed deposits in different banks or post offices.



<p data-recalc-dims= Invest in Mutual Funds
On this Raksha Bandhan, you can also give a gift of mutual funds to your sister. A better option would be to invest in a mutual fund through a Systematic Investment Plan (SIP). A fixed amount can be added to a mutual fund every month through SIP. In this, you can choose equity or debt mutual funds. By the way, before investing in a mutual fund it would be good to consult a financial advisor.

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Investment in mutual funds
On this Raksha Bandhan you can also give a gift of mutual fund to your sister. A better option would be to invest in a mutual fund through a Systematic Investment Plan (SIP). A fixed amount can be added to a mutual fund every month through SIP. In this, you can choose equity or debt mutual funds. By the way, before investing in a mutual fund it would be good to consult a financial advisor.



<p data-recalc-dims= Health Insurance
Health insurance importance has increased significantly in this era of Corona epidemic. Even so, in view of the increasing expenses of hospitals, it has become necessary for everyone to get health insurance. On this occasion of Rakshabandhan, if you wish, you can give the gift of health insurance to your sister. On the instructions of the Insurance Regulatory and Development Authority (IRDA), now insurance companies have launched a special corona armor policy. Under this policy, you are giving a cover of Rs 50 thousand to Rs 5 lakh.

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Health insurance
In this period of corona epidemic, health insurance importance has increased significantly. Even so, in view of the increasing expenses of hospitals, it has become necessary for everyone to get health insurance. On this occasion of Rakshabandhan, if you wish, you can give the gift of health insurance to your sister. On the instructions of the Insurance Regulatory and Development Authority (IRDA), now insurance companies have launched a special corona armor policy. Under this policy, you are giving a cover of Rs 50 thousand to Rs 5 lakh.

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