Mutual Fund- How to Check Aadhaar Linking Status Online?
Financial institutions, such as investment funds, such as the latest amendments to the Law on the Prevention of Money Laundering (2017), are obliged to finance the Aadhaar number from their customers and to attach them to the corresponding accounts.
Aadhaar last link to the fund is 31 March 2018 (now).
I am sure that most fund investors would already be submitted/provided Aadhaar number RTA-ACHs (such as CAMS / Karvy / Franklin) (or) funds sectors responding.
How to check investment funds – Aadhaar Linking Status on CAMs for Trusted Mutual Funds?
CAMS is the most important R & D agent and service for more than half of the mutual fund operations. CAMS Services Funds are below:
- Birla Sun Life Mutual Fund
- DSP Blackrock MF
- HDFC Mutual Fund
- HSBC
- ICICI Prudential MF
- IDFC MF
- IIFL MF
- Kotak Mutual Fund
- L&T MF
- Mahindra MF
- PPFAS MF
- SBI MF
- Shriram MF
- TATA mutual fund &
- Union bank MF
To know the status of Aadhaar Linking, follow the steps below.
- Kindly visit CAMS Aadhaar – Mutual Fund linking facility
- Click the ‘Aadhaar link mode – individual’ option.
- You will need to enter your PAN number and click the ‘Submit’ button.
- If the Aadhaar number is linked to CAMS-managed investment funds, you can view the status message as “Aadhaar available for given PAN”.
- In case you have not yet sent Aadhaar (or Aadhaar) is not affiliated with CAMS-maintained investment funds, you will see the status “AADHAAR will be given to the given PAN”.
How to check on Aadhaar Number Linking Status online Karvy is maintained by Mutual Fund Schemes?
Karvy provides R & T agent services to fund companies such as; Axis Mutual Fund, Mutual Fund Mutual Fund, Mutual Fund Mutual Fund, Mutilation Fund Mutilation Fund, Mutual Fund Mutual Fund, Reliance MF, Quantum Mutual Fund, Equity Fund, Equity Fund, Equity Fund, Taurus Fund, UTI MF etc.
- Kindly visit Karvy’s Aadhaar Linking status check online facility.
- Click on the corresponding options, as shown in the image above.
- You must enter your PAN number and then click ‘Create OTP’.
- You will receive your registered mobile phone number and email address from OTP (linked to MF Folios with Karvy). Enter the OTP on that field and click the ‘Validate OTP’ button.
- If your investment fund is already linked to Aadhaar, you will receive the message as “Status: Aadhaar Seeding Successful”; otherwise, the message “Aadhaar not registered” will be displayed.
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Latest savings schemes of the post office
National savings plans (NSS) is one of the most popular savings schemes in India. These are regulated by the Ministry of Finance. They offer the total security of the investment combined with attractive returns.
Some of the very popular schemes that fall under NSS are the following:
- PPF (Public Welfare Fund)
- Scheme of Sukanya Samriddhi
- Monthly Income Plan (Monthly Income Account)
- Savings scheme for senior citizens
- KVP (Kisan Vikas Patra)
- NSC (National Savings Certificate)
- Temporary deposits &
- Recurring deposits.
Small savings schemes Interest rates and new standards April 2016
Let’s look at what are the changes that have been implemented with respect to the interest rates of the small savings schemes:
- Under the current rules, the interest rates on these small savings plans are linked to the performance of government bonds of comparable maturity (with a small profit margin) and are reviewed once a year. The brand here refers to ‘Spread’.
- The government has decided to review the Interest Rates of the Small Savings Schemes quarterly Basis.
- Savings schemes such as Sukanya Samriddhi, Savings Plan for Senior Citizens and Monthly Income Plan enjoy ‘spreads’ on the comparable G-sec rate of maturity, namely 75 basis points (0.75%), 100 bps (1 %) and 25 bps respectively. These margins/margins have not been touched by the Government.
- Also, it includes 25 points for long-term facilities, such as the five-year deposit, the five-year National Certificate of Nuclear (NSC) and the Public Employment Fund (PPF).
Last savings plans of the post office Interest rates FY 2018-19 (July to September 2018)
Interest rates apply in several small portions of rubies for July to September 2018 as 1,07.2018 would be the following:
- The new interest rate in Sukanya Samriddhi Scheme (SSA) is 8.1%.
- The new interest rate in PPF (Public Pension Fund) would be 7.6%.
- The interest rate of the Saving Scheme for the Elderly (SCSS) has remained the same at 8.3%.
- The new interest rate on Kisan Vikas Patra (KVP) would be 7.3%.
- The interest rate of the National Certificate of Savings (NSC) to 5 years is 7.6%.
- The new interest rate in the MIS post office (Monthly Income Plan) is 7.3%.
- The interest rate in a postal office of 5 years RD (Recurring Deposit) would be 6.9%.
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