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SCSS PREMATURE CLOSURE
Latest Senior Citizen Savings Scheme Interest Rate 2026: Maximum deposit, tenure and benefits explainedThe Senior Citizen Savings Scheme (SCSS) offers a competitive 8.2% fixed interest rate, matching the Sukanya Samriddhi Account. This rate, ...
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...
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...
To whom do the new Senior Citizen Savings Scheme (SCSS), PPF rules apply? Govt clarifiesThe Department of Posts came out with an detailed notification about senior citizen savings scheme (SCSS) and Public Provident Fund (PPF) f...
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...
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, ...
Was Senior Citizens Savings Scheme interest rate hiked for Oct-Dec quarter? Check latest SCSS rateThe government has raised the interest rates on certain small savings schemes and post office schemes for the fiscal quarter ending Decembe...
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...
Can Senior Citizen Savings Scheme account be closed anytime? What are the penalties for premature withdrawalDepositors are allowed to open multiple accounts under this plan, with a cumulative maximum limit of Rs. 30 lakhs for all accounts. The SCS...
Senior Citizen Savings Scheme investment limit hiked to Rs 30 lakh: Govt issues notificationBudget 2023 proposed a hike in investment limit in Senior Citizen Savings Scheme (SCSS. A hike of Rs 15 lakh was proposed in the SCSS. As p...
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...
Payment of maturity, premature closure amount of small savings schemeSmall savings programme account holders will receive payments for account maturities, closures, and premature payments into their bank acco...
Senior Citizen Saving Scheme interest rate hiked for Oct-Dec quarter: What is the latest SCSS rateFor the third quarter (October to December) of the current fiscal year, the government has increased the interest rates on a few small savi...
Government hikes interest rate on small savings schemes for Q3 of FY23The government has effected minor hikes of 0.1% to 0.3% in interest rates payable on five small savings instruments, including Kisan Vikas ...
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...
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.
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...
Post Office to collect passbook of deposit accounts at the time of closureWhile closing the post office accounts, ensure that your mobile number and PAN is updated in the account. If the same is not updated, then ...
7 long-term investment options that can help meet short-term money needsSome flexi-features of long-term instruments can help meet short-term needs. Here is a look at few of the available options.