Do these 5 things before 30th September
30th September is not only the last day of the month, but also the last day to complete many tasks. In which the main task is to deposit Rs 2000 note. Whereas small savings investors will have to submit Aadhaar before 30th September. There are five functions that we are going to discuss.
These 5 things have to be done before 30th September
Now only two weeks are left in the month of September. There are many financial deadlines in September. In which those investing in small savings scheme will have to submit their Aadhar card. The last date for the special fixed deposit scheme of SBI and IDI is 30 September. At the same time, for those who still have Rs 2000 notes, the last date for depositing and exchanging them in the bank is also 30th September. Here we are going to mention 5 such functions. If you do not complete this work by 30th September, you are likely to incur huge losses.
Investors will have to submit Aadhar card in small savings scheme.
Investors investing in small savings scheme will have to submit their Aadhar card by 30th September. Failure to do so will result in their account being canceled on October 1, 2023. Till September 30, 2023, senior citizens investing in Senior Citizen Saving Scheme i.e. SCSS, Public Provident Fund i.e. PPF, National Savings Certificate NSC or other post office schemes will have to provide their Aadhaar number at the post office or bank branch. If Aadhaar is not provided then the interest of the scheme will not be credited to the investor’s account. At the same time, investors will not be able to deposit money in their PPF or Sukanya Samriddhi account.
SBI’s WeCare Special Fixed Deposit Scheme for Senior Citizens
The last date to invest in SBI’s WeCare Special Fixed Deposit Scheme for senior citizens is September 30, 2023. Only senior citizens are eligible for this scheme. Compared to normal FD, SBI WeCare offers returns of 7.50 percent to senior citizens. The scheme is available for new deposits as well as renewal of maturing deposits. This scheme was started in the year 2020 during the Covid period. Since then its deadline has been continuously extended.
IDBI Amrit Mahotsav FD
The last date for investment in IDBI Special FD is 30 September 2023. Under the 375-day Amrit Mahotsav FD scheme, the bank offers 7.10 percent interest rate on general, NRE and NRO. The bank gives 7.60 percent returns to senior citizens. Under this scheme, the bank is offering 7.15 percent to general citizens and 7.65 percent to senior citizens in 444 days.
Demat and mutual fund enrollment
SEBI has extended the deadline for nomination or withdrawal of nomination for trading and demat account holders till September 30, 2023. Those who have a demat account or investments in mutual funds will have to submit their nomination or withdraw their nomination by September 30.
Last day to exchange Rs 2,000
Depositors and exchangers were given four months time by the Reserve Bank of India to deposit or exchange the Rs 2000 notes. The bank notes have to be exchanged or deposited by 30 September 2023.
