The Scheme is available to people in the age group 18 to 70 years with a bank account who give their consent to join / enable auto-debit on or before 31st May for the coverage period 1st June to 31st May on an annual renewal basis. Aadhar would be the primary KYC for the bank account. The risk coverage under the scheme is Rs.2 lakh for accidental death and full disability and Rs. 1 lakh for partial disability. The premium of Rs. 20 per annum is to be deducted from the account holder’s bank account through ‘auto-debit’ facility in one installment.
Rs. 5000 is invested in scheme ‘A’ for 2 years and Rs. 8000 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 16% ...
On Rs. 6000 invested at a simple interest at the rate of 4% p.a., Rs. 2400 is obtained as interest in certain years. In order to earn Rs. 4800 as intere...
Difference between CI and SI on a sum for 3 year at 20% p.a. is 176. Find the simple interest on the sum after 2 years at 10% p.a.
A person 'P' invested Rs. 5,600 at a simple interest rate of 25% per annum for a specific duration, resulting in a total amount o...
Anjali invested Rs.15000 in a scheme offering compound interest of x% p.a. compounded annually. If at the end of 2 years, interest received by her from ...
The simple interest on a sum of money for 1.5 years at 10% per annum is Rs. 30 more than to the simple interest on the same sum for 1 year at 12% per an...
At what % of simple interest per annum will Rs. 400 amount to Rs. 520 in five years?
Rama and Dipak each invested a sum of ₹8000 for a period of two years at 15% compound interest per annum. However, while for Rama the interest was com...
A man invested Rs. 15,000 at simple interest of 'x%' p.a. and received Rs. 30,000 after 2 years. If he had invested Rs. 30,000 at simple interest of 'x%...
A man invested Rs.Y in a scheme S at 14% rate of simple interest for 7 years. After 7 years, he reinvested the amount received from the scheme S at same...
