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Rs 7 lakh investment in SCSS vs SBI senior citizen FD: How much quarterly amount can senior citizens get for 5 years in each scheme?Senior citizens often invest in Senior Citizens’ Savings Scheme and SBI fixed deposits for income. SCSS offers an 8.2% interest per annum w...
Has government increased SSY, PPF, NSC, other small savings schemes' interest rates for October-December 2026 quarter?The Ministry of Finance has announced that the interest rates for small savings schemes will remain steady for the next quarter. This decis...
Will interest rates of PPF, SCSS and other small savings schemes go up on September 30 in next quarterly review due to high inflation?On September 30, 2026, the Finance Ministry will evaluate interest rates for small savings schemes. With high inflation and increasing G-Se...
Latest interest rates of PPF, Sukanya Samriddhi Yojana, Senior Citizen Saving Scheme, NSC, other post office schemesLatest small savings schemes interest rates: The government has left the interest rates on small savings schemes for the quarter ending Jun...
Top post office schemes: These 9 small savings schemes offer above 7% interest ratePost office schemes interest rates: The government has kept the interest rates on small savings plans unchanged for the quarter ending June...
PPF, SSY, Senior Citizen Savings Scheme, other post office schemes interest rates for April- June quarter 2024Post office schemes interest rates for April-June quarter: The government revises small savings schemes interest rates every quarter. Here ...
Senior Citizen Savings scheme latest interest rate: What is the SCSS interest rate for the April- June 2024 quarter?Senior Citizen Savings scheme interest rate: Note that if an account is formed in violation of the SCSS Rules, the account will be terminat...
Senior citizen savings scheme: What is the SCSS interest rate for the January-March 2024 quarter?The government-backed Senior Citizen Savings Scheme (SCSS) is available for those over the age of 60, or 55. The government fixes the inter...
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...
Post office schemes rules changed: Govt makes changes to PPF, Senior Citizen Savings Scheme (SCSS), 5-year time depositOn November 7, 2023, the government released a notification that made numerous significant modifications to the popular SCSS, PPF, and 5-ye...
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, ...
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...
Post office schemes interest rate 2023: Which small savings scheme offers highest interest rateSmall savings scheme interest rates are revised every quarter by the government and interest rates vary accordingly. Apart from the interes...
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...
Top bank FDs vs PPF, SCSS, Sukanya Samriddhi, other post office schemes: Which offers best interest rateHere is a quick comparison of interest rates offered by fixed deposits of SBI, HDFC Bank, and ICICI Bank, PPF, SCSS, POTD, Sukanya Samriddh...
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.
Where should I invest Rs 60,000 to earn 12-15% return over the next three years?To earn double-digit annual returns, you will need to invest your corpus in equity mutual funds. Equity is a volatile asset class and curre...
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.
6 investment options for the retiredHere are few investment options for the retired to provide for their monthly household expenses. The idea is to build a retiree portfolio w...
Plus and minus points of Senior Citizens’ Savings SchemeSCSS offers tax benefits under Sec 80C and allows premature withdrawals. However, there are a few problems that need to be fixed.