Senior Citizens Savings Scheme: Latest News and Updates, Top Stories, Videos, Photos About Senior Citizens Savings Scheme

Senior Citizens Savings Scheme News

Will The Govt Hike PPF Interest Rate In 2024? Check How Rates On Small Saving Schemes Are Calculated

Thinking if you will get more interest from your investment in small saving schemes like the Public Provident Fund (PPF), National Savings Certificate (NSC), Sukanya Samriddhi Yojana (SSY), and others from next year? The interest rate of PPF has remained at ...

Post Office Scheme Rules Changed: What All Has Changed In Small Savings Schemes In 2023; Details Inside

Centre has introduced certain changes in the small savings schemes in the year 2023. In its revision to the existing small saving schemes, the government has rolled out a new scheme, raised investment limits on a few, changes in interest calculation ...

SCSS Calculator: How Senior Citizens Can Get Annual Income of Rs 2.4 Lakh For 5 years?

Senior Citizens Savings Schemes (SCSS) is a government-backed program purely for senior citizens who want to generate fixed income during their golden years. Anyone over the age of 60 can open an account at any post office or bank by depositing ...

Senior Citizen Savings Scheme: Why Linking A Savings Account With SCSS Is A Must?

Senior Citizen Savings Scheme (SCSS) has been found to be more appealing for senior citizens wanting to invest, firstly due to deposit safety as the scheme is managed by the Government of India, and secondly, because depositors will receive a higher ...

These Senior Citizens Can Still Invest In SCSS Till June 30, 2020

For senior citizens who have retired between February and April 2020, the government amid Covid 19 outbreak has relaxed the timeline for investing in senior Citizen Scheme account until June 30, 2020. In accordance with the rules, a retired individual ...

Budget 2020: SBI Research Expects Full Rebate On SCSS

In its report, SBI Research has suggested the government to provide complete tax relief on SCSS in its Budget 2020. In its latest Ecowrap report, SBI Research says, . "Government has an excellent scheme for senior citizens. Under the Senior Citizens ...

Government Revises Small Savings Scheme Rate Lower By 0.1%

With effect from July 1, government has reduced interest rates on small saving schemes by 0.1%point for all of the schemes except for savings deposits. For the small savings scheme, government revises the rate quarter-on-quarter basis in line with yield ...