As November unfolds, it is important to stay updated on significant financial changes that could impact your budget. Here are five key financial deadlines to keep an eye on.
Jeevan Pramaan Patra/ Life Certificate
Pensioners must submit their life certificates by November 30 to continue receiving pensions. Don't forget this date if you are above 60. Pensioners in India receive pensions through Pension Disbursing Authorities (PDAs) so they have to submit a life certificate or Jeevan Pramaan Patra to PDAs in November every year physically or digitally.
They can submit a Digital Life Certificate (DLC) via Aadhaar-based biometric authentication. Pensioners can use an Android device or a computer with a fingerprint/iris scanner or visit a Common Service Centre (CSC), bank branch, or government office for authentication. After successful submission, pensioners receive a transaction ID to download their computer-generated life certificates from www.jeevanpramaan.gov.in.
IDBI Bank Special Fixed Deposits
IDBI Bank has extended its Amrit Mahotsav Special FDs with maturity periods of 374 and 444 days. The last date to join these schemes is November 30, 2023.
For the 444-day scheme, general depositors or NRI depositors will receive 7.15 per cent interest, while senior citizens can get 7.65 per cent.
The 374-day scheme offers senior citizens 7.65 per cent interest and 7.10 per cent for others
Punjab and Sind Bank Special FD Schemes
Punjab and Sindh Bank offers special fixed deposit schemes, like PSB Dhan Lakshmi and PSB Saving Plus. These schemes providing extra interest rate are available till November 30.
PSB Saving Plus offers an annual interest rate of 6.50 per cent for 333 days with a minimum deposit of Rs. 500. Senior citizens and super senior citizens receive 7 per cent and 7.15 per cent interest, respectively.
Dhan Lakshmi Scheme offers an annual interest rate of 7.40 per cent for 444 days. Senior citizens and super senior citizens receive 7.90 per cent and 8.05 per cent interest during this period.
HDFC Bank Senior Citizens Care FD
HDFC Bank offers the Senior Citizens Care FD Scheme. Senior citizens get an additional 0.25 per cent interest, besides the 0.50 per cent on premium FD accounts. The scheme’s duration is 5 to 10 years and is open for investment until November 7. “This special offer will be applicable to new Fixed Deposit booked as well as for the Renewals, by Senior Citizens during the above period. This offer is not applicable to Non-Resident Indian,” the bank website says
