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When planning for a secure financial future, particularly retirement, the Senior Citizens Savings Scheme (SCSS) stands out as a reliable option. Made for those aged 60 and above, this government ...
Senior citizens investment: The Senior Citizen Savings Scheme (SCSS) is a government-backed investment option favoured by retirees, offering a competitive interest rate of 8.2% per annum for ...
There are many government-backed schemes that offer decent returns to senior and super-senior citizens. Some of the prominent ones are the Senior Citizens Savings Scheme, National Pension Scheme ...
The Senior Citizen Savings Scheme (SCSS) is designed specifically for older Indian citizens. It provides them with a dependable source of income, safety measures, and tax-saving benefits.
If senior citizens invest Rs 10 lakh at a 7.60% interest rate in FDs, they will receive a return of Rs 14,57,081 after five ...
Senior Citizens Savings Scheme: Key features and benefits (Representational image: Pixabay) Senior Citizens Savings Scheme (SCSS) is a government-backed retirement benefit programme for senior ...
Banks face challenge in attracting deposits due to small savings schemes offering higher interest rates and tax benefits.