As the end of August draws near, we have just a few days left before the start of September. This upcoming month holds several crucial tasks and deadlines that directly involve your hard-earned money. Let’s dive into the complete list of these essential financial matters that you should be aware of:
Last Day for Exchanging ₹2,000 Notes The Reserve Bank of India had provided a four-month window for depositing or exchanging ₹2,000 notes. The deadline for exchanging these banknotes is September 30, 2023. If you still have ₹2,000 notes that you wish to exchange in the coming months, make sure to visit the bank before the deadline.
Free Aadhaar Updates The Unique Identification Authority of India (UIDAI) extended the free Aadhaar update period from June 14 to September 14, 2023, for three months. This means you can update your Aadhaar documents free of cost until September 14. To update, you’ll need to upload proof of your identity and address documents.
Aadhaar-PAN Linking for Small Savings Schemes It’s mandatory to link Aadhaar with PAN for holders of small savings schemes by September 30, 2023. Failure to do so might lead to the closure of your account. If you’re a new user looking to invest in these schemes or planning to start a small savings plan, you need to link your Aadhaar number by the time you open your account.
IDBI Amrit Mahotsav FD Under the IDBI Amrit Mahotsav FD scheme of 375 days, the bank offers an interest rate of 7.10% to regular customers, NRE, and NRO account holders. For senior citizens, the bank provides an interest rate of 7.60%. For 444 days under this scheme, regular citizens can avail an interest rate of 7.15%, while senior citizens can get an interest rate of 7.65%.
SBI We Care Scheme Deadline Extended The State Bank of India has extended the deadline for investing in its special FD scheme for senior citizens, SBI We Care, until September 30, 2023. Senior citizens interested in investing in this scheme can invest their funds until September 30. SBI is offering an extra 50 basis points interest to senior citizens in this special FD. Under this FD, senior citizens can enjoy an interest rate of 7.50%.
Stay ahead of these financial milestones and ensure you don’t miss out on any opportunities or deadlines in the upcoming month of September.
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