March can be a whirlwind – between the changing weather and the end of the financial year, it’s easy to forget important deadlines. But fear not! This comprehensive guide will break down eight crucial tasks you need to complete before the month ends, saving you money, ensuring smooth transactions, and maximizing your financial potential.
1. Update Your Aadhaar Card for Free (Until March 14th):
Is your Aadhaar card more than ten years old? The government has urged citizens to update their Aadhaar information to ensure its accuracy. The good news? Until March 14th, 2024, you can update your details absolutely free of charge.
After this date, a fee will be applicable. Don’t miss this opportunity to avoid unnecessary costs and ensure your Aadhaar card remains functional.
2. Act Now: Paytm Payments Bank Services End on March 15th:
Attention Paytm Payments Bank users! The Reserve Bank of India (RBI) has directed the bank to discontinue its services after March 15th, 2024.
This means all banking functionalities, including deposits, withdrawals, and credit transactions, will cease. To avoid any inconvenience, ensure you withdraw your deposited funds and transfer them to another bank account before the deadline.
3. Invest in SBI Amrit Kalash for High Returns (Last Date: March 31st):
Looking for a lucrative investment option? Look no further than the SBI Amrit Kalash scheme! This special fixed deposit offered by State Bank of India (SBI) provides an attractive interest rate of 7.10%. Senior citizens can benefit even more, earning a boosted rate of 7.60%.
But hurry – the last date to invest in this scheme is March 31st, 2024. Don’t miss out on this chance to grow your savings with a high-interest fixed deposit.
4. Secure SBI Home Loan Discounts Before March 31st:
Planning to buy your dream home? SBI is offering exciting discounts on home loans until March 31st, 2024. These discounts vary based on your CIBIL score and apply to Flexipay, NRI, and Non-Salary home loan options.
Additionally, SBI WeCare offers a competitive interest rate of 7.50%, with an extended deadline of March 31st, 2024, especially for senior citizens. Make the most of these limited-time offers and save big on your home loan journey.
5. Earn High Interest with IDBI Bank’s Special FD (Offer Ends March 31st):
IDBI Bank is enticing investors with a unique fixed deposit scheme offering tiered interest rates. Depending on the chosen tenure, you can earn 7.05% (300 days), 7.10% (375 days), or a whopping 7.25% (444 days).
But remember, this opportunity won’t last forever – the deadline to invest in this lucrative FD is March 31st, 2024. Don’t miss out on these impressive interest rates and consider diversifying your investment portfolio with IDBI Bank’s special FD.
6. Save Tax Before the Deadline (March 31st):
With the financial year 2023-24 drawing to a close, the clock is ticking for tax-saving investments. To minimize your tax liability, ensure you invest in any tax-saving scheme before March 31st, 2024.
Popular options include Equity Linked Saving Schemes (ELSS), Public Provident Fund (PPF), National Pension System (NPS), and Unit Linked Insurance Plans (ULIPs). By utilizing tax-saving schemes, you can reduce your taxable income and maximize your financial benefits.
7. Avoid Penalties: Pay Your Final Advance Tax Installment by March 15th:
As a responsible taxpayer, it’s crucial to stay on top of your advance tax payments. The last date to pay the fourth and final installment of advance tax for the financial year 2023-24 is March 15th, 2024.
Missing this deadline can result in late payment penalties. Make sure to calculate your advance tax liability accurately and pay the final installment before the deadline to avoid any unnecessary financial burden.
8. Fastag KYC Update Mandatory by March 31st:
For all you frequent highway travelers, this one’s for you! If you’re a Fastag user, remember to update your KYC (Know Your Customer) details by March 31st, 2024. This mandatory update ensures a smooth and hassle-free toll booth experience. Failing to
