Yes, Senior Citizen Savings Scheme (SCSS) interest rate is fixed for 5 years. Read on to find more interesting details Senior Citizens can currently open an SCSS account and invest up to Rs 30 lakh at ...
Senior citizens wish to keep their money secure, and prefer bank fixed deposits (FDs) and small savings schemes. These are considered low-risk instruments. If we talk about senior citizens' FDs, ...
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SCSS vs Bank FD: Which investment scheme is offering 8.2% interest rate to senior citizens?
Many senior citizens invest in fixed deposits (FDs) for a steady income. However, with FD interest rates falling in the last few months, investors are getting lower returns on new FD investments ...
Saving for a secure and satisfying retirement normally involves making the right choices when it comes to where to place your savings. For senior Indian citizens, the most trustworthy options among ...
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Tax saving for FY25: Tax-Saving FDs offered by banks vs PPF, SCSS for financial year-end planning
As the financial year 2024-25 approaches its conclusion, many investors are evaluating tax-saving options to optimise their portfolios. Among the popular choices are fixed deposits (FDs), Public ...
PPF vs Sukanya Samriddhi vs SCSS:: The popular girl child savings scheme Sukanya Samriddhi Yojana account will earn an interest rate of 8%.(Hindustan Times) India Post provides eight deposit options ...
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