As September swiftly approaches its end, there are crucial tasks that demand your attention before October arrives.
Failing to complete these tasks by their respective deadlines could lead to complications. Here’s what you need to know:
2000 Rupee Note Exchange
The Reserve Bank of India (RBI) has set a deadline of September 30, 2023, for depositing or exchanging the 2000 rupee note at your bank. Be sure to complete this process before the end of the month.
SBI WeCare Special FD for Seniors
Senior citizens have until September 30, 2023, to invest in the SBI WeCare Special FD, which offers an attractive 7.5 percent interest rate.
IDBI Amrit Mahotsav FD Scheme
IDBI has introduced the Amrit Mahotsav FD Scheme with enticing interest rates.
For a 375-day FD, common citizens receive 7.10 percent interest, while senior citizens earn 7.60 percent.
Similarly, a 444-day FD offers 7.15 percent interest for common citizens and 7.65 percent for senior citizens
. Make sure to take advantage of this opportunity before the deadline on September 30, 2023.
Demat and Mutual Fund Nomination
To secure your investments, it’s crucial to provide nominee details for your demat and mutual fund accounts.
The Securities and Exchange Board of India (SEBI) has set September 30, 2023, as the deadline for trading, demat account holders,
and mutual fund investors to indicate their nominees or make necessary changes.