Senior Citizen: Latest News and Updates, Top Stories, Videos, Photos About Senior Citizen

New Rules Mandate Aadhaar For Small Savings Schemes

The Ministry of Finance has introduced new regulations governing small savings schemes. Effective April 3, 2023, individuals seeking to invest in schemes such as the Senior Citizen Savings Scheme (SCSS), Sukanya Samriddhi Yojana (SSM), and Public Provident Fund (PPF) are now ...

HDFC Bank Special FD Scheme For Senior Citizens To End On 15th April; Should You Invest?

Senior citizens seeking investments with higher returns should be notified that on April 15, HDFC Bank, the country's largest private sector bank, would discontinue its special fixed deposit (FD) programme established exclusively for them. The "Senior Citizen Care FD" scheme, introduced ...

FD Rates: Senior Citizens Can Earn Up To 9.5% Returns At These Small Banks; Check List

Fixed deposits have long been a preferred investment avenue for individuals seeking stable returns, particularly senior citizens planning for retirement. Small finance banks often offer competitive interest rates, especially tailored for senior citizens, making them an attractive option for those looking ...

Income Tax Relief For Senior Citizens: What Are The FDs, Post Office Schemes Under Section 80TTB?

To alleviate the tax burden on senior citizens, the Indian government, through the Union Budget 2018, introduced Section 80TTB of the Income Tax Act. This provision brings valuable tax benefits for individuals aged 60 or older, who are Indian residents for ...

An Estate Planning Guide for Senior Citizens: Check Benefits and Steps Involved

The time of birth and death of any living creature in this world is beyond the sway of humans. Uncertainties are exclusively aligned with all living beings on this planet and despite this, humans on the other hand are fortunate to ...

This Small Finance Bank Offers Highest Interest Rate To Senior Citizens On Bank FD

Ujjivan Small Finance Bank has revised its interest rate on a fixed deposit for a specific term of 560 days (12 months and 80 weeks). The new rates are made effective from June 1, 2023. This small lender has increased the ...

This Private Sector Bank Is Offering 7.50% To Senior Citizens On 15 Months FD; Check Out Other Rates

A Fixed Deposit (FD) is a safe investment that promises assured returns and safety of capital. It is A fixed deposit (FD) is a secure investment that ensures capital safety and guaranteed returns. It is an investment plan where you can ...

This Bank Is Offering Highest FD Rates To Senior Citizens, Up To 8.15%; Check Other Rates Here

Jana Small Finance Bank (JSFB) is an Indian Small Finance Bank bank having its head office in Bengaluru, Karnataka. The bank is offering the highest 8.05% Interest rates to Senior Citizens on Fixed deposits under Rs. 2 crores, according to the ...

This Private Sector Bank Now Offers 7.5% Interest Rate On FDs To Senior Citizens-Check Details

After the latest RBI repo rate hike by 50 basis points to pre-Covid levels to combat the soaring inflation, banks across the private and public space are announcing interest rate hikes on fixed deposits. Likewise, Yes Bank has announced the revision ...

Asia's Safest Bank Offers FD Returns Up To 6.50% For General and 7% For Senior Citizens

DBS Bank is a leading financial services group in Asia with a presence in 18 markets. It is headquartered and listed in Singapore. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world and this is the ...

This SFB Recently Hiked FD Rates, Now Offering Highest 7.99% To Senior Citizens

Suryoday Small Finance Bank, one of the leading Small Finance Bank, has hiked its fixed deposit interest rates. Suryoday Small Finance Bank is offering the highest 7.99% interest rates on deposits of Rs 2 crore and above to senior citizens for ...

FD Rates: These Two Post Office Schemes Offers Better Interest Than Many Bank FDs, See Details Here

On Fixed Deposits up to Rs 2 crore, many banks are offering up to 6, and in some banks, it is up to 7.1 per cent interest to senior citizens. However, if you are below 60 and looking for higher FD ...

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