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If you are having Fixed Deposit with DHFL & filled claim with DHFL but not got the confirmation, then you may re-check the claim by entering customer ID in below mentioned link Status Of Claims By Depositors (Form CA) https://www.dhfl.com/claim-status

An individual is allowed to open only one PPF account as per the law. Either of the parents can open one account in the name of their minor child. There is a cap of  ₹ 1.5 lakh on the investments; one can make in the two accounts including that of a minor's account. Even grandparents can't open a  PPF account  for their grandchildren if either of the parents are alive. But in case you changed jobs and shifted to a different city and instead of closing the existing account or getting it transferred, you opened another account, you will not earn the interest on the second account. PPF rules are very clear that one can't open more than one account if someone still opens a second account, he or she will not be eligible for any interest on invested amount. The second account will have to be closed down. The person can approach the respective bank branch or post office and ask them to close the account," said a senior official from National Small Savings Institute. Any inter...

The government recently notified new rules for public provident funds or PPF accounts for the benefit of account holders.  PPF  is one of the most popular small savings schemes and it offers a guaranteed return. PPF accounts have a maturity period of 15 years and the government announces interest rates for each quarter. For the current quarter, PPF fetches interest rate of 7.9% per annum. Interest is calculated for a calendar month on the lowest balance at the credit of an account between the close of the fifth day and the end of the month. Interest is credited to the account at the end of each year. New PPF rules explained in 5 points: 1) According to new PPF deposit rules, an account holder can make deposits in multiples of  ₹ 50 any number of times in a financial year, with a maximum of a combined deposit of  ₹ 1.5 lakh a year. Earlier, a maximum of 12 deposits were permitted in a period of 1 year. 2) The government allows premature closure of PPF account only under specific circums...

Lenders to hold first COC meet for @DHFL_India, in first week of January, 2020 New resolution to be worked out as banks aim at getting bids for retail & wholesale books separately 

Issue Closes Today

Are there any assured returns? There are 'NO' assured returns. During the investment period, value of investments can go up or down depending on market conditions, and are dependent on interest rates movements in the economy. However, if investors stay invested till maturity of the ETF then return can be inline with the yield of the portfolio at the time of investments. How is BHARAT Bond ETF different from Fixed Maturity Plan (FMP)? Unlike FMP, BHARAT Bond ETF will be traded on exchange and investors can buy and sell units on exchange on real time basis. Investors can also buy and sell ETF units directly through AMC, which is not possible in case of an FMP. One cannot invest or redeem form FMP as it is a close ended structure unlike BHARAT Bond ETF which is an open-ended structure. Unlike FMP, BHARAT Bond ETF can invest only in bonds which are eligible and part of the index and offers more transparency. What is the Index methodology? The I...

                                                   

*Mutual Fund Flows - A Snapshot -Nov-19* *Nov-19:- MF Eq Schemes received flows of INR 13bn in Nov month (Lowest in FY-20) ; Equity AUM stands at INR 7,626bn* Equity oriented (open ended) schemes witness inflows to the tune of INR 13bn (lowest in FY-20) as against inflows of INR 60.3bn seen in Oct-19. Given that the net flows were at INR 13bn, considering an average SIP run-rate of INR 82bn every month, this indicates huge out flows from the lump sum schemes. Equity AUM stands at INR 7,626bn (up by 1%). This time around the large size inflows were only seen in Large cap (INR 12bn) and Mid cap (INR 8bn) schemes. While Multi cap Schemes which usually receive strong flows, received only (INR 1.8bn). Hybrid AUM which stood at INR 3,576bn (up 0.3%), saw outflows of INR -5.7bn vs. inflows of INR 3.1bn in Oct, as the Balance/Aggressive Schemes saw significant outflows (INR -49.3bn vs -19.3bn). The only saviour in this segment was Arbitrage schemes as it saw uptick in inflows (INR 53....

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Dear All Please find herewith Public Announcement regarding Insolvency resolution process of DHFL (Dewan Housing Finance). According to this, all deposit holders (FD Holders only) (Matured or to be mature) has to submit their claim with insolvency professionals by 17 Dec’2019. So please find the attached claim form “Form CA” for the same and also sample “filled form” for your reference. It has been send through mail on dhfladministrator@dhfl.com and through post on the below mention address by depositor only :- The Administrator, 6th Floor, HDIL Towers, Anant Kanekar Marg, Station Road, Bandra (East), Mumbai 400051. Please attach Photocopy of Fdr , Pan copy , Address proof & cancel cheque copy alongwith claim form. Important Link :  Public Announcement  || Sample Form - Form CA || Blank CA form || Keep yourself updated We invite you to sign up to our free mailing list and we'll keep you posted on all latest news r...

Hi, Warm Greetings ! Bajaj Finance is reducing Interest Rates w.e.f Dec 7,2019 Below mentioned is the new rates. There are also a few changes(highlighted in yellow) in the additional benefits which are highlighted below the rate chart. Important Dates: All application forms to reach BFL FD accepting offices Pan India on 6 th  Dec 2019 by 16:00 hours. For funds received on or before 6 th Dec 2019 , Those applications will get the old ROI(subject to application form submitted in BFL office by 6 th Dec 2019 ). All renewal applications whose due date is on or after 7 th Dec 2019 , will get the new ROI(irrespective of when the renewal application is submitted). Please plan accordingly for the funds to be received in BFL as mentioned in the above Pt. no. 2. Still you may earn higher rate upto Dec 6 ,2019 : Existing Interest Rates is as follows : Thanks & Regards   Rajesh Kathpalia Area Sales Manager - Distribution ...