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A sweep in FD refers to a facility in which a savings or current account is linked to a fixed deposit. Surplus money in the savings account above a limit is moved into an FD and earns a higher interest offered by the FD. If the savings account balance falls below a specific threshold limit, a specified portion of the FD is broken and credit back to the savings account.
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RajSSP is the Rajasthan government's online portal for social security pensions paid to older people, single women, people with disabilities, and small farmers. Applications, approvals, payments, and annual verification are all handled through this portal. The portal also offers a RajSSP mobile app for pension-related services so that pensioners can avail the required service right from their homes.
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Vridha pension is a monthly old age pension paid by the central and state governments to senior citizens from poor households. The centre provides a base amount under the National Social Assistance Programme, and each state adds its own share. This amount is paid as a monthly pension to state citizens who meet the certain eligibility criteria.
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The UP pension scheme refers to the social security pensions that the Uttar Pradesh government pays to residents who meet the requirements of specific pension categories. These include older persons, destitute women, people with disabilities, and people affected by leprosy. Eligible applicants receive the amount directly in their bank accounts. Understanding the eligibility criteria, pension amount, application process, and required documents can help applicants access these benefits.
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The Family pension is the money provided to the family of the government employee in case he/she dies while still in service. The family pension is granted to the widow/widower. If there is no widow/widower, the family pension is offered to the children of a government servant, who entered in service in a pensionable establishment on or after January 1, 1964 but on or before December 31, 2003.
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