Tuesday, Oct 03, 2023

Senior Citizen Savings Scheme

SBI Extends WECARE FD Scheme For Senior Citizens Till June 30: All You Need To Know

SBI offers 50 basis points higher interest rates for the Wecare term deposit scheme than other regular term deposits for senior citizens.

04 April 2023

Savings Bank Account

Senior Citizens’ Savings Scheme Or Fixed Deposits: Which Is Better For Seniors?

Many banks have raised their fixed deposit rates. Here is a comparison between the government’s Senior Citizens’ Savings Scheme and senior citizens’ bank fixed deposits in terms of deposit rates, liquidity and other...

28 February 2023

Budget FY2023-24: Senior Citizen Savings Scheme, Other Small Savings Plans Set To Get Big Push From Govt

The government has increased the interest rates for Senior Citizen Savings Scheme (SCSS) from 7.6 per cent to 8 per cent for the last quarter of FY2022-23; it was last revised in the October-December period after staying at...

23 January 2023

Why Should You Invest In PPF Account By April 5? 

 Public Provident Fund (PPF) investment pays interest annually but is calculated monthly. How should you take the maximum benefit? 

04 April 2023


Retirement Planning: 4 Government-Backed Pension Plans

Retirement years are righty called the golden years, when one may spend some of the best years of one's life. Therefore, it is vital to plan properly for retirement.

18 February 2023

Current Interest Rates Favourable For Senior Citizens Across Fixed Deposits, Small Savings Schemes

At around 7.5 per cent to eight per cent interest rates, it seems to be the most favourable rate scenario for senior citizens across fixed deposits and small savings schemes.

09 January 2023

Should You Continue With Your Existing SCSS Or Withdraw And Reinvest At A Higher Rate? 

The rate of interest on the Senior Citizen Saving Scheme has been increased to 8.2 per cent effective April 1, 2023. Also, the limit for maximum investment has been enhanced to Rs 30 lakh from this financial year. So, should...

01 April 2023



Benefits Of Post Office Small Savings Schemes - Higher Returns, Tax Benefits

Post office schemes are government-backed instruments, and therefore, risk-free and secured

29 August 2022

20 August 2022
International Senior Citizens Day: RBL Bank Launches FD Scheme For Seniors Above 80 Years

International Senior Citizens Day: RBL Bank Launches FD Scheme For Seniors Above 80 Years

RBL Bank has rolled out a special fixed deposit scheme for super senior citizens aged 80 years and above. They will now earn an extra 0.75 per cent per annum...


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