RBI MPC Meeting 2026: Will FD interest rates increase as RBI holds repo rate?Despite the RBI keeping the repo rate unchanged, several factors suggest banks may increase fixed deposit rates soon. Rising inflation, a h...
05 Jun, 2026, 12.23 PM IST
Can Rs 2 crore retirement corpus generate Rs 2 lakh monthly income for 20 years after retirement?Planning your retirement corpus is crucial. A Rs 2 crore fund may not last 20 years with high withdrawals. Experts suggest a bucket strateg...
25 May, 2026, 03.14 PM IST
Rs 2.46 lakh yearly income from SCSS: How senior citizens can earn regular interest incomeThe Senior Citizens Savings Scheme (SCSS) offers a high 8.2% interest rate for the April-June 2026 quarter, with a five-year tenure extenda...
16 May, 2026, 12.58 PM IST
Retiring with a large EPF corpus? Here’s how to allocate money across fixed income and mutual fundsRetirees with large EPF corpus need to balance safety with growth. Financial planners advise focusing on stable, tax-efficient income gener...
13 May, 2026, 11.27 AM IST
NSC interest rate 2026: Has National Savings Certificate interest rate changed for April-June quarter?National Savings Certificate interest rate: The National Savings Certificate offers an attractive interest rate for the April-June 2026 qua...
23 Apr, 2026, 09.00 AM IST
Highest FD rates for senior citizen in 2026: PSU vs private vs small finance banks with best fixed deposit rates on 3-year tenureSenior citizens seeking stable returns and capital safety find fixed deposits a preferred investment. For a 3-year tenure, small finance ba...
18 Apr, 2026, 10.10 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
Senior Citizen Savings Scheme: How to save TDS on SCSS interest incomeSenior Citizen Savings Scheme: TDS is deducted when the interest on SCSS exceeds Rs 50,000 in a financial year. This TDS is deducted from t...
28 Sep, 2024, 01.07 PM IST
Income tax saving ideas: With 8.2% interest, Senior Citizen Savings Scheme (SCSS) is a better bet to save tax than tax-saver FDsTax saving for FY 23-24: Senior Citizen Savings Scheme vs tax-saving fixed deposits: Fixed deposits (FDs) have long been a popular choice f...
16 Mar, 2024, 12.47 PM IST
Senior citizen savings scheme offers 8.2% interest rate: Can you open more than one SCSS account?A senior citizen (individuals aged above 60 years) or retired individuals aged above 55 years can open an senior citizen savings scheme (SC...
06 Nov, 2023, 10.13 AM IST
Senior Citizens Savings Scheme: Was interest rate hiked for July-September 2023 quarter?The investment minimum is Rs 1,000 and the investment maximum is Rs 30 lakh. If you are interested in investing in SCSS, then here is a loo...
13 Jul, 2023, 04.00 PM IST
What are the rules of TDS deduction in Senior Citizens’ Savings SchemeThe Government of India has amended Section 194A of the Income Tax Act, 1961, and as a result, the total interest income payable in a Finan...
12 Jun, 2023, 03.38 PM IST
Invest up to Rs 30 lakh in Senior Citizen Savings Scheme from Apr 1, 2023: What is SCSS, tax benefits, withdrawals, interest rateSeniors can invest up to Rs 30 lakh in the post office's Senior Citizen Savings Scheme (SCSS) beginning April 1, 2023, as proposed by Finan...
22 Mar, 2023, 01.06 PM IST
Senior Citizens’ Savings Scheme: Govt clarifies on interest rate payable after death of SCSS account holderThe SCSS's interest rate is determined by government policy, and it provides account holders with a consistent income during their retireme...
30 Sep, 2022, 10.51 AM IST
What is the latest Senior Citizens’ Saving Scheme interest rate?The Senior Citizens' Savings Scheme (SCSS), a government initiative that offers quarterly interest payments, allows seniors to save money.
11 Jul, 2022, 01.49 PM IST
Why defence personnel should look beyond Senior Citizens Saving Scheme and what are the alternativesThe minimum age limit for investing in SCSS for retired defence personnel (excluding civilian defence employees) has now been fixed at 50 y...
02 Nov, 2017, 12.45 PM IST