Sunday, January 17, 2016

Eligibility Criteria To Open A Regular Savings Account

 

Eligibility Criteria To Open A Regular Bank Savings Account

Access to a savings account is open to resident individuals, Non resident Indians, Foreign Nationals and other categories of applicants. There is no restriction on age. Customers below the age of 18 are also eligible to open a savings account with certain level of supervision from Parent/Guardian.

Unlike other banking products, almost everyone qualifies to open a savings account without much restrictions. Furthermore, Zero Balance Savings Account can also be opened under Pradhan Mantri Jan Dhan Yojana (PMJDY), a social welfare program aimed at financial inclusion. These accounts are available with certain conditions.

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Invest Rs 150000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

There are a lot of mutual funds that customers can choose from but some of the best Tax Saver mutual funds in India right now are:

Top 10 Tax Saver Mutual Funds to invest in India for 2016 or Best 10 ELSS Mutual Funds in india for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Franklin India TaxShield

4. ICICI Prudential Long Term Equity Fund

5. IDFC Tax Advantage (ELSS) Fund

6. Birla Sun Life Tax Relief 96

7. DSP BlackRock Tax Saver Fund

8. Reliance Tax Saver (ELSS) Fund

9. Religare Tax Plan

10. Birla Sun Life Tax Plan
This list constantly under goes changes based on improvement or reduction in performance of the mutual fund. That could change the position of these funds among the top 10 Tax Saving Mutual Funds in India.

Invest in Best Performing 2016 Tax Saver Mutual Funds Online

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For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

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