How can senior citizens generate Rs 1 lakh monthly income safely in India?Indian seniors aiming for a Rs 1 lakh monthly retirement income need Rs 2-2.5 crore, accounting for inflation and taxes. Experts suggest a ...
03 Mar, 2026, 12.38 PM IST
New rule for nomination change in PPF, NSC, SCSS, all other post office account for freeThe government has eliminated the fee for updating nominee details in PPF , along with other small savings schemes. This amendment allows a...
03 Apr, 2025, 05.00 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 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...
18 Mar, 2024, 10.52 AM IST
Senior Citizen Savings Scheme (SCSS) offers 8.2% interest rate; All you need to know about tax benefits, investment limit & moreSenior Citizen Savings Scheme features: The government fixes the interest rate on SCSS every quarter. The government has not hiked the inte...
19 Jan, 2024, 12.44 PM IST
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...
08 Jan, 2024, 11.45 AM 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
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...
04 Dec, 2023, 10.21 AM 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
Senior Citizens Savings Scheme (SCSS) premature withdrawal rules changed; check detailsSenior Citizen's Savings Scheme rule change: The government released a notification implementing numerous significant changes to the popula...
23 Nov, 2023, 02.02 PM IST
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...
11 Nov, 2023, 12.26 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
These PPF, NSC, other small savings investors need not 'submit' PAN, Aadhaar details before Sep 30 deadlineThis rule of mandatory submission of Aadhaar and PAN numbers for small savings schemes is part of the Know Your Customers (KYC) process.
21 Sep, 2023, 05.19 PM 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
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
Banks continue mis-selling financial products: Here's what you must know to protect yourselfAlthough mis-selling has reduced, ET Wealth went undercover and found out that commission-conscience bank executives continue to mis-sell f...
21 Nov, 2018, 01.01 PM IST
How senior citizens can make the most of tax breaks on offerThe key changes rolled out have been in the areas of fixed deposit interest and health insurance.
16 Apr, 2018, 01.51 PM IST