FD rate falling: Seniors can still earn 8.2% interest with this post office schemeThe Senior Citizen Savings Scheme is risk-free and offers higher interest income and tax benefits under 80C, making it suitable especially ...
16 Jul, 2025, 08.00 AM IST
Latest Senior Citizen Savings Scheme interest rate: What is the post office SCSS rate for April- June 2025 quarter?The SCSS offers a secure investment option for senior citizens with a fixed income and tax benefits. The interest rates for small savings s...
02 Apr, 2025, 05.35 PM IST
Now HDFC Bank is also offering SCSS accounts with 8.2% interest: Check documents required, eligibilityHDFC Bank has begun accepting deposits under the Senior Citizens' Savings Scheme, offering an attractive 8.2% interest rate. This governmen...
19 Mar, 2025, 01.11 PM IST
Income tax savings via post office schemes: 5 small savings options that save tax under Section 80CPost Office Savings Schemes are secure investment options in India, offering tax benefits under Section 80C of the Income Tax Act. The foll...
05 Mar, 2025, 04.25 PM IST
SCSS interest rate: Latest Senior Citizens Savings Scheme interest rate for July- September quarterThe Senior Citizen Saving Scheme (SCSS) is an investment scheme developed and maintained by the Indian government to help senior citizens l...
10 Jul, 2024, 03.31 PM IST
Post office schemes new rules 2023: Major changes made to PPF, POTD, POMIS, Senior Citizens Savings Scheme, other small savings schemesThe government has made various changes under small savings schemes in the year 2023. Here we have listed some of the major and important c...
22 Dec, 2023, 05.07 PM IST
Senior Citizen Savings Scheme (SCSS) rule change: Multiple extensions available; when to opt for it, when to avoidSCSS new rule: A Senior Citizen Savings Scheme (SCSS) pays quarterly interest to the depositors during its tenure of five years. On maturit...
25 Nov, 2023, 12.15 PM IST
7 changes in Senior Citizens Savings Scheme rules: More people can invest, more time for retirees, stricter penaltyThe government has issued a notification to make changes in the Senior citizens Savings Scheme rules. These rules apply on who can invest, ...
10 Nov, 2023, 11.35 AM IST
Small savings schemes: How to open Mahila Samman Savings Certificate, POMIS, SCSS accounts onlineThe Department of Posts (DoP) has introduced opening of Monthly Income Scheme (MIS) Account, Senior Citizens Savings Scheme (SCSS) Account ...
30 Oct, 2023, 12.26 PM IST
Senior citizens can invest extra Rs 15 lakh in SCSS from April 1, 2023 but PMVVY to close from same datePMVVY currently offers retirees the option of investing up to Rs 15 lakh to earn near-risk-free returns. However, till now there has been n...
28 Mar, 2023, 11.51 AM IST
Senior Citizen Savings Scheme's investment limit increased to Rs 30 lakh: Budget 2023Senior Citizen Savings Scheme (SCSS) Investment Limit: For the quarter ending March 31, 2023, the government has raised the interest rate f...
21 Feb, 2023, 11.46 AM IST
8 financial tasks to finish before March 31, 2022From linking your PAN with Aadhaar to updating KYC details in your bank account and demat account to filing belated ITR, here is a look at ...
24 Mar, 2022, 03.51 PM IST
Senior Citizens' Savings Scheme latest interest rateYou can open a Senior Citizens' Savings Scheme (SCSS) account alone or with your spouse at any bank or post office. SCSS has a 7.4 percent ...
22 Mar, 2022, 02.12 PM IST
Senior Citizens Savings Scheme (SCSS) saves tax, beats bank FDs: Here's all you need to know about itBacked by the government, the scheme offers capital protection, along with quarterly interest payment as a source of income. Senior citizen...
18 Feb, 2022, 12.26 PM IST
Is buying a second house now to save tax a good idea?Your investment decision should rather be based on time horizon, holistic financial goals, return on investment and risk appetite.
13 May, 2021, 05.41 PM IST
Two investment options offering more than 7% for senior citizensFor senior citizen investors, safety and returns play an important role while choosing an investment product. For that, they can consider t...
04 Jun, 2020, 09.32 AM IST
Did you retire between Feb and April? You can open Senior Citizen Savings account till Jun 30The decision to relax the regulatory provisions has been taken to safeguard the interest of small savings depositors in the view of the loc...
28 May, 2020, 09.35 AM IST