New York-based Loan Doctor has announced the launch of its 6% APY
1-month HCF Savings Note, which provides the opportunity for savers to earn up to 50x more than traditional bank savings accounts or CDs, the company said.
To make APY
more attractive, the Pension Fund Regulatory and Development Authority (PFRDA) has sought the ministry's nod to double the guaranteed minimum pension under the scheme to Rs 10,000 per month and increase the upper age limit to avail the scheme to 50 from existing 40.
was focussed on all citizens in the unorganised sector, who would join the National Pension System (NPS) administered by the Pension Fund Regulatory and Development Authority (PFRDA) and who are not members of any statutory social security scheme.
For those unversed, the APY
scheme was launched in June 2015.
Flagged off in June 2015, APY
had a target to cover about 20 million people.
"These rates topped out at 7.50% APY
, which is more than five times the highest national checking account rate of 1.40% APY
Under the APY
, you would receive a fixed pension of Rs 1,000 to Rs 5,000 per month, at the age of 60 years, depending on your contribution, which varies on the age of joining the APY
For a no-minimum, no-monthly-fee savings account, GE Capital Bank was offering a 0.90 APY
. By comparison, basic savings accounts at Bank of America and Wells Fargo advertised an APY
5, the average annual percentage yield (APY
) on checking accounts was a depressingly low 0.11 percent, a 0.03 percent decline from the year-ago period.
o A 1-1 draw with play-off hopefuls Institute saw Niall Currie's men secure the Championship title after an impressive campaign that included APy
In tim just one league defeat and saw them rack up 53 points.
Employing both shoe and roller technologies the realax pump range comprises four series, namely the APY
, ISI, IP and RP, and 24 models, giving capacity rates from 0.16 ml/rev through to 20 l/rev and pressures from 2 to15 bar.