All that you need to know about Pradhan Mantri Vaya Vandana Yojana (PMVVY)

Who can enroll?Any Indian citizen above age of 60 years can enroll for this scheme.No upper limit for age. What is the policy term?The policy tenure is for 10 years. Where to get it?The scheme can be bought online or offline from  LIC, which is the sole operator of the scheme. What are the returns?There … Read more

All that you need to know about Aadhar Enabled Payment System (AEPS)

What is Aadhar enabled payment system (AEPS)? It is an Aadhaar based banking solution enabling you to operate Aadhaar linked bank accounts and carry out transactions using nothing but Aadhaar number and authentication through fingerprints. It provides interoperability between customers and bank at point of sale (PoS) – for example a grocery shop- and ensures … Read more