Mon, Sep 18, 2023
Senior Citizens' Savings Scheme (SCSS) and bank FDs are preferred investment instruments for postretirement financial security. Most of the banks offer higher interest rates on FDs to senior citizens compared to other customers.
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Sun, Sep 10, 2023
Senior citizens and retirees value financial security and consistent sources of income. For them, investments that provide risk-free returns and tax deductions are perfect for retirement planning. In this video we talk about popular tax-saving investment options that can be beneficial for senior citizens.
Fri, Jun 11, 2021
SCSS is for those who have already attained the age of 60 years, while the other two NPS and PPF options are for those who want to build on the years before retirement.
Sun, Apr 18, 2021
One of the most popular investment schemes with assured resturns in the Kisan Vikas Patra. This scheme offers attractive interest rates and is one of the highest among the savings schemes. However, there are schemes which offer higher interest rates. Know more about these here and also the expert stake
Tue, Apr 13, 2021
Looking for safer investment options with assured returns? You can invest in some wonderful small savings schemes. There are 12 of them, but we will tell you about the top 3 schemes with the highest rate of interest. The top three small savings schemes run by the government of India are Senior Citizens Savings Schemes (SCSS), Public Provident Fund (PPF) and Sukanya Samriddhi Yojana
Mon, Apr 05, 2021
Government has made it clear that there will be no reductions in the interest rates of saving schemes. So, if you want to make investments for assured returns, small savings schemes are your answer. But are you aware about the schemes will earn you highest returns? The top three small savings schemes run by the government of India are Senior Citizens Savings Schemes, PPF and Sukanya Samriddhi Yojana
Thu, Apr 01, 2021
A day after announcing a cut in interest rates, government has taken a U-turn and this has come as a big breather for all investors who have invested various small savings schemes like NSC, PPF recurring deposit, Senior Citizens Savings Scheme, time deposit and others. Government has withdrawn its office memorandum issued on 31st March, 2021 regarding the cut in interest rates
Thu, Sep 10, 2020
PNB Senior Citizens Savings Scheme: Are you aware about this retirement scheme being offered by India’s second largest public sector bank Punjab National Bank (PNB)? The Senior Citizens Savings Scheme (SCSS) which was launched by the Government of India in 2004 offers guaranteed retirement income
Thu, Jul 09, 2020
If you are a senior citizen and are looking for an investment that is risk free and also gives good returns, you must know about this savings scheme. The Senior Citizen Savings Scheme (SCSS) ensures an interest rate of 7.4 per cent per annum. Compare that with the small returns banks are giving nowadays
Sat, Jan 11, 2020
While there are many investment instruments that can give you great tax-saving options, we pick the top five for you
Sun, Sep 08, 2019
Several changes have been made to the public provident fund (PPF), senior citizen savings scheme (SCSS), and post office savings schemes.
Fri, Mar 29, 2019
An individual of 60 years of age or above can open Senior Citizen Savings Scheme account (SCSS) at a post office.
Tue, Jan 22, 2019
There are several investment options that give very high annual returns but investors remain keen on the risk involved. Therefore they prefer opting for government-backed schemes that are high or stable on earnings with zero or low risk of principal amount invested.
Sun, Feb 11, 2018
The revision in interest rates does not affect old investments except for PPF and SSY.
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