- Rs 20,000 monthly income from SCSS: How senior citizens can earn regular interest income for at least 5 years
The Senior Citizens Savings Scheme (SCSS) offers a stable 8.2% annual interest rate, ideal for retirees s ...More
The Senior Citizens Savings Scheme (SCSS) offers a stable 8.2% annual interest rate, ideal for retirees seeking predictable income. To earn Rs 20,000 monthly, an investment of approximately Rs 29.30 lakh is required, well within the Rs 30 lakh maximum limit. Interest is paid quarterly, and investments qualify for Section 80C tax benefits under the old tax regime. ...Less

- Retirement planning: 7 golden rules you must consider for easy retirement
Retirement planning should focus on generating sustainable income while ensuring the corpus lasts through ...More
Retirement planning should focus on generating sustainable income while ensuring the corpus lasts throughout life. Key factors include accounting for inflation, healthcare costs, liabilities, and lifestyle needs. Maintaining a balanced asset mix with some equity exposure for growth and gradually increasing debt allocation with age can provide liquidity and stability. ...Less

- Rs 1.50 lakh/month income from Rs 1.5 crore corpus? Easy retirement strategies explained
Retiring with Rs 1.5 cr can provide a monthly income, but the amount depends on risk appetite and investm ...More
Retiring with Rs 1.5 cr can provide a monthly income, but the amount depends on risk appetite and investment returns. Experts suggest withdrawal rates between 4.5% and 6.5% annually, with potential monthly incomes ranging from Rs 70,000 to Rs 1.2 lakh. A bucket strategy is recommended for managing immediate needs and long-term growth. ...Less

- 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 ...More
Despite the RBI keeping the repo rate unchanged, several factors suggest banks may increase fixed deposit rates soon. Rising inflation, a high deposit-credit ratio, and attractive small savings schemes are pushing banks to offer better returns to attract investors after a period of low FD rates. ...Less

- These 8 banking stocks have an upside potential of up to 26% in 1 year, according to analysts
If oil prices stay at higher levels, some FPIs with exposure to the Indian banking sector through ETFs mi ...More
If oil prices stay at higher levels, some FPIs with exposure to the Indian banking sector through ETFs might decide to sell, putting these stocks under pressure at periodic intervals. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components ,earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less

- Retiring soon? How to split your PF and gratuity corpus between safe investments and mutual funds
Retiring soon and aiming for a Rs 1 lakh monthly income from your PF and gratuity corpus? Experts advise ...More
Retiring soon and aiming for a Rs 1 lakh monthly income from your PF and gratuity corpus? Experts advise against investing the entire corpus in income products due to inflation and longevity risks. A prudent bucket strategy is recommended for sustainable income and portfolio growth. ...Less

- Planning early retirement at 50 with a Rs 12.5 crore corpus? Expert explains how to generate Rs 2 lakh monthly income
An investor planning early retirement at 50 with a Rs 12.5 crore corpus seeks expert advice on generating ...More
An investor planning early retirement at 50 with a Rs 12.5 crore corpus seeks expert advice on generating Rs 2 lakh monthly income. The expert outlines a goal-based framework, recommending a balanced 60% equity and 40% debt allocation for retirement and a more growth-oriented mix for long-term wealth creation ...Less

- Rs 2.46 lakh yearly income from SCSS: How senior citizens can earn regular interest income
The Senior Citizens Savings Scheme (SCSS) offers a high 8.2% interest rate for the April-June 2026 quarte ...More
The Senior Citizens Savings Scheme (SCSS) offers a high 8.2% interest rate for the April-June 2026 quarter, with a five-year tenure extendable by three years. Deposits up to Rs 30 lakh are permitted, and while interest is taxable, a deduction of up to Rs 50,000 is available under Section 80TTB. ...Less

- 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 ...More
Planning your retirement corpus is crucial. A Rs 2 crore fund may not last 20 years with high withdrawals. Experts suggest a bucket strategy for sustainable income. This involves allocating funds for immediate needs, stable income, and growth. Careful planning and realistic withdrawals are key to ensuring your retirement fund lasts. ...Less

- Retiring with a large EPF corpus? Here’s how to allocate money across fixed income and mutual funds
Retirees with large EPF corpus need to balance safety with growth. Financial planners advise focusing on ...More
Retirees with large EPF corpus need to balance safety with growth. Financial planners advise focusing on stable, tax-efficient income generation and long-term growth for surplus funds. Expert Shivam Pathak suggests a mix of government-backed schemes, G-Secs, and diversified mutual funds to meet these objectives. ...Less

- For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some not
If the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no ...More
If the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larger market trigger is oil, because crude influences inflation, currency, margins, fiscal comfort, and foreign investor appetite. In such a market, one-time favourites often return to the screen. But not every familiar name deserves fresh capital. These 25 stocks should be on the watchlists of both traders and investors. Some have upside potential, some do not. But all need to be judged through liquidity, institutional interest, sector triggers, and price confirmation. ...Less

- These large- and mid-cap stocks can give more than 25% return in 1 year, according to analysts
For the next few weeks, what needs to be watched is market breadth. And also look at which sectors are le ...More
For the next few weeks, what needs to be watched is market breadth. And also look at which sectors are leading the rally. Why? Because, at this point of time, there are sectors and stocks which may see a recovery just because they are witnessing a short-covering bounce. And one needs to differentiate between short covering rallies and uptrends happening for fundamental reasons. ...Less

- Small savings schemes explained: Interest rates, tax benefits, and why they remain a safe investment option
If you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and d ...More
If you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 102nd part of this series, Riju Mehta details the features of such schemes. ...Less

- These 8 private and public banking stocks have an upside of up to 27% in one year, according to analysts
Inflation is at a 13-month high, primarily led by a rise in food prices. And with an impending fuel price ...More
Inflation is at a 13-month high, primarily led by a rise in food prices. And with an impending fuel price hike, it could spike even more. An appeal by the prime minister for austerity, an earnings season with some good and more not-so-good numbers, and valuations that are not cheap even even after an extended correction. All this is a perfect cocktail for a correction. There may be a silver lining, though. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components ,earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less

- These 6 banking stocks have an upside potential of up to 24% in 1 year, according to analysts
The news flow is mixed in the case of banking stocks. The numbers so far this quarter suggest that all is ...More
The news flow is mixed in the case of banking stocks. The numbers so far this quarter suggest that all is well with the sector and banks are mostly in good shape. Remember, however, there is a war going on in the background that is pushing up crude oil prices. If the situation persists, risks will emerge where bank stocks are concerned. But then investors need to learn to deal with long- or short-term risks. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components, earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR+ reports is a complimentary offering to ETPrime members. ...Less

- SCSS interest rate 2026: Has Senior Citizen Savings Scheme interest rate changed for April-June quarter?
Senior Citizen Savings Scheme interest rate : SCSS is a government-backed small savings scheme specifical ...More
Senior Citizen Savings Scheme interest rate : SCSS is a government-backed small savings scheme specifically designed for small-scale investors seeking a fixed income option in their old age. ...Less

- 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 interes ...More
National Savings Certificate interest rate: The National Savings Certificate offers an attractive interest rate for the April-June 2026 quarter. This government-backed scheme provides a fixed income option for small investors. ...Less

- To whom do the new Senior Citizen Savings Scheme (SCSS), PPF rules apply? Govt clarifies
The Department of Posts came out with an detailed notification about senior citizen savings scheme (SCSS) ...More
The Department of Posts came out with an detailed notification about senior citizen savings scheme (SCSS) and Public Provident Fund (PPF) few weeks back. On November 29, 2023 the Department of Posts issued a clarification as to who the new SCSS and PPF rules would apply. Read below to find out. ...Less

- Higher investment limit in saving schemes aimed at benefiting senior citizens, middle class: Fin Secy
The top bureaucrat in the finance ministry said the decision to revise the ceilings will come at a cost a ...More
The top bureaucrat in the finance ministry said the decision to revise the ceilings will come at a cost as the government can raise funds at a cheaper rate compared to the 8 per cent interest that it gives under the Senior Citizen Savings Scheme. "Taking into account the welfare of senior citizens, for whom fixed income instruments are the main source of income... it was decided that this is a cost which the government should bear and therefore the ceilings were increased," he said. ...Less

- Senior Citizen Savings Scheme vs high interest rate bank FDs: Where should you invest?
The interest rate on SCSS was revised from 7.4% to 7.6% which is at present the highest interest rate off ...More
The interest rate on SCSS was revised from 7.4% to 7.6% which is at present the highest interest rate offered by a small savings scheme. Many smaller private sector banks and small finance banks are now offering FD interest rates high as 9%. Rise in FD interest rate is expected to continue in next few months. Will SCSS remain competitive to FDs or should you prefer FDs now. ...Less

- Highest FD rates for senior citizen in 2026: PSU vs private vs small finance banks with best fixed deposit rates on 3-year tenure
Senior citizens seeking stable returns and capital safety find fixed deposits a preferred investment. For ...More
Senior citizens seeking stable returns and capital safety find fixed deposits a preferred investment. For a 3-year tenure, small finance banks like Jana and Utkarsh offer the highest rates at 8%. Private sector banks Bandhan and YES Bank provide 7.75%, while public sector banks like Bank of India lead with 7%. ...Less

- What is Senior Citizens’ Savings Scheme?
Senior Citizen Savings Scheme is a government-backed scheme. The current interest rate applicable to SCSS ...More
Senior Citizen Savings Scheme is a government-backed scheme. The current interest rate applicable to SCSS is 7.4%. Tax benefits under Section 80C are available but interest is fully taxable. ...Less

- These 9 banking stocks have an upside potential of up to 27% in 1 year, according to analysts
We are in times when a statement by US President Trump can cause crude oil prices to drop sharply and ano ...More
We are in times when a statement by US President Trump can cause crude oil prices to drop sharply and another by Iran can push them back up. So, expecting rational behaviour in the equity markets is probably expecting too much. At this point of time, it is all about relative performance. So, can banking stocks outperform in a long phase of correction? Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components ,earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less

- Senior Citizens' Savings Scheme latest interest rate
You can open a Senior Citizens' Savings Scheme (SCSS) account alone or with your spouse at any bank or po ...More
You 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 interest rate for the quarter ending March 31, 2022. ...Less

- How to open a Senior Citizens’ Savings Scheme
For senior citizen investors, safety and returns play an important role while choosing an investment vehi ...More
For senior citizen investors, safety and returns play an important role while choosing an investment vehicle. The Senior Citizens’ Savings Scheme (SCSS) can be availed from a post office or a bank by anyone above 60, i.e., a senior citizen. ...Less

- Will PPF interest rate be finally hiked in 2024 after remaining unchanged since April 2020?
PPF, Senior Citizen Savings Scheme, and Sukanya Samriddhi Account: Interest rates of small savings scheme ...More
PPF, Senior Citizen Savings Scheme, and Sukanya Samriddhi Account: Interest rates of small savings schemes are due for revision at the end of this month. The interest rates of small savings schemes are linked to yields of 10-year Government Securities in the secondary market. There are set formulae for mark-ups over the previous three months’ average yield of relevant G-Secs of comparable maturity. Let's see if you are in for a New Year bonanza from the Central Government this time. ...Less

- Senior Citizens Savings Scheme (SCSS) saves tax, beats bank FDs: Here's all you need to know about it
Backed by the government, the scheme offers capital protection, along with quarterly interest payment as ...More
Backed by the government, the scheme offers capital protection, along with quarterly interest payment as a source of income. Senior citizens can claim deduction under Sectio 80TTB on the interest earned from SCSS. ...Less

- Govt says Senior Citizens Savings Scheme taxable
The Government on Wednesday clarified that the Senior Citizens Savings Scheme, that gives 9 per cent inte ...More
The Government on Wednesday clarified that the Senior Citizens Savings Scheme, that gives 9 per cent interest rates on investment up to Rs 15 lakh, is taxable and that tax would be deducted at source for those elderly people who come under the tax net. ...Less
- Senior Citizen Savings Scheme's investment limit increased to Rs 30 lakh: Budget 2023
Senior Citizen Savings Scheme (SCSS) Investment Limit: For the quarter ending March 31, 2023, the governm ...More
Senior Citizen Savings Scheme (SCSS) Investment Limit: For the quarter ending March 31, 2023, the government has raised the interest rate for the Senior Citizen Savings Scheme (SCSS) to 8%. ...Less

- Process of investing in the Senior Citizen Savings Scheme
A government scheme, the SCSS helps senior citizens accumulate funds in or for their retirement and earn ...More
A government scheme, the SCSS helps senior citizens accumulate funds in or for their retirement and earn quarterly interest payouts from the deposit. This account can be opened at any bank or post office, singly or jointly with your spouse. ...Less

- Senior Citizen Savings Scheme investment limit hiked to Rs 30 lakh: Govt issues notification
Budget 2023 proposed a hike in investment limit in Senior Citizen Savings Scheme (SCSS. A hike of Rs 15 l ...More
Budget 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 per the proposal, the maximum investment limit in SCSS has been doubled from Rs 15 lakh to Rs 30 lakh. Now the government has issued a notification for the same. ...Less

- GPF interest rate for government employees: Has Finance Ministry changed GPF interest rate for April-June 2026 quarter?
The Ministry of Finance has announced the General Provident Fund (GPF) interest rate for the April-June 2 ...More
The Ministry of Finance has announced the General Provident Fund (GPF) interest rate for the April-June 2026 quarter will remain at 7.1%. This rate applies to GPF, CPF, and other similar government funds. The Public Provident Fund (PPF) and other small savings schemes also retain their interest rates. ...Less

- Interest rate up to 8.2%: Latest interest rates of PPF, Senior Citizen Savings Scheme, Sukanya Samriddhi, other post office schemes
Latest small savings schemes interest rates: The savings schemes offered by post offices consist of the P ...More
Latest small savings schemes interest rates: The savings schemes offered by post offices consist of the Public Provident Fund, Senior Citizen Savings Scheme (SCSS), Sukanya Samriddhi Yojana (SSY), National Savings Certificate (NSC), Post Office Time Deposits (POTD), Mahila Samman Savings Certificate, and Post Office Monthly Income Scheme (POMIS). ...Less

- 7.1% PPF interest rate or 8.2% returns from Senior Citizen Savings Scheme (SCSS): Where should someone in 20% tax bracket invest?
Our panel of experts will answer questions related to any aspect of personal finance. If you have a query ...More
Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away. ...Less
- Your PPF, Senior Citizens Savings Scheme, other small savings schemes will be frozen if you fail to submit Aadhaar details by this date
If the Aadhaar number is not provided by this date, your small savings investments will be frozen until t ...More
If the Aadhaar number is not provided by this date, your small savings investments will be frozen until the Aadhaar number is submitted. ...Less
- Govt to revise small savings rate by end of this month
The government, however, may leave the interest rates on Senior Citizen's Savings Scheme and Sukanya Samr ...More
The government, however, may leave the interest rates on Senior Citizen's Savings Scheme and Sukanya Samriddhi Accounts unchanged. ...Less
- Tax queries: Does the senior citizens savings scheme qualify for section 80C benefits?
Dilip Lakhani, Senior Chartered Accountant, answers queries from our readers on income tax and other levi ...More
Dilip Lakhani, Senior Chartered Accountant, answers queries from our readers on income tax and other levies. ...Less
- Where to invest Rs 83 lakh to get regular income during retirement
Our panel of experts will answer questions related to any aspect of personal finance. If you have a query ...More
Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away. ...Less
- Here are all the benefits available to senior citizens
Here's a list of some of the most useful facilities and benefits available to senior citizens in India to ...More
Here's a list of some of the most useful facilities and benefits available to senior citizens in India to ease their financial burden. ...Less
- RBI notifies new interest rates on PPF and Senior Citizen Savings Scheme
Reserve Bank today notified 0.1 per cent reduction each in interest rates on Public Provident Fund (PPF) ...More
Reserve Bank today notified 0.1 per cent reduction each in interest rates on Public Provident Fund (PPF) and Senior Citizen Savings Scheme. ...Less
- What are the rules of TDS deduction in Senior Citizens’ Savings Scheme
The Government of India has amended Section 194A of the Income Tax Act, 1961, and as a result, the total ...More
The Government of India has amended Section 194A of the Income Tax Act, 1961, and as a result, the total interest income payable in a Financial Year for all SCSS account holders under the age of 60 has been revised from Rs. 10,000 to Rs. 40,000 for the purpose of TDS deduction. ...Less
- How to open a Senior Citizen Savings Scheme account
Individuals over 60 can open an SCSS account. Further, a person who is 55 years old and has taken volunta ...More
Individuals over 60 can open an SCSS account. Further, a person who is 55 years old and has taken voluntary retirement can invest in such an account. ...Less
- Can Senior Citizen Savings Scheme account be closed anytime? What are the penalties for premature withdrawal
Depositors are allowed to open multiple accounts under this plan, with a cumulative maximum limit of Rs. ...More
Depositors are allowed to open multiple accounts under this plan, with a cumulative maximum limit of Rs. 30 lakhs for all accounts. The SCSS account was designed exclusively for seniors who want to save for the future. ...Less
- Here's a quick comparison of interest rates on tax-saving debt investments
But before you get down to choosing a tax saving investment you should probably first calculate how much ...More
But before you get down to choosing a tax saving investment you should probably first calculate how much you need to invest to save tax. ...Less
- Why liquidity of investments is important for retirees
For retirees and senior citizens, not all investments should be tied up in long-term products. There must ...More
For retirees and senior citizens, not all investments should be tied up in long-term products. There must be some investments that are liquid to deal with financial emergencies. ...Less
- I am 59 year and retired. How should I invest the money I get from selling my flat?
The sale of real estate will entail capital gain tax. Do discuss available tax-saving avenues with a tax ...More
The sale of real estate will entail capital gain tax. Do discuss available tax-saving avenues with a tax consultant. ...Less
- Why it is advisable to continue investing when stock market falls
Equity is a volatile asset class and market corrections gives you the opportunity to buy quality equities ...More
Equity is a volatile asset class and market corrections gives you the opportunity to buy quality equities at a fair price. ...Less
- Interest rate for PPF may not change next quarter
The finance ministry is expected to notify the interest rates on small savings schemes for the July-Octob ...More
The finance ministry is expected to notify the interest rates on small savings schemes for the July-October quarter this week. ...Less
- Senior Citizen Savings Scheme: How to save TDS on SCSS interest income
Senior Citizen Savings Scheme: TDS is deducted when the interest on SCSS exceeds Rs 50,000 in a financial ...More
Senior Citizen Savings Scheme: TDS is deducted when the interest on SCSS exceeds Rs 50,000 in a financial year. This TDS is deducted from the interest and you can claim a credit for this TDS at the time of filing income tax return (ITR). However, there is a way to prevent TDS getting deducted. Read the story to know more. ...Less
- Invest up to Rs 30 lakh in Senior Citizen Savings Scheme from Apr 1, 2023: What is SCSS, tax benefits, withdrawals, interest rate
Seniors can invest up to Rs 30 lakh in the post office's Senior Citizen Savings Scheme (SCSS) beginning A ...More
Seniors can invest up to Rs 30 lakh in the post office's Senior Citizen Savings Scheme (SCSS) beginning April 1, 2023, as proposed by Finance Minister Nirmala Sitharaman. ...Less
- Senior Citizens Savings Scheme (SCSS) premature withdrawal rules changed; check details
Senior Citizen's Savings Scheme rule change: The government released a notification implementing numerous ...More
Senior Citizen's Savings Scheme rule change: The government released a notification implementing numerous significant changes to the popular Senior Citizen's Savings Scheme (SCSS). ...Less
- SCSS interest rate: Latest Senior Citizens Savings Scheme interest rate for July- September quarter
The Senior Citizen Saving Scheme (SCSS) is an investment scheme developed and maintained by the Indian go ...More
The Senior Citizen Saving Scheme (SCSS) is an investment scheme developed and maintained by the Indian government to help senior citizens live financially secure lives after retirement. The interest rate on this savings scheme is set and revised by the government every quarter. ...Less
- Senior Citizens’ Savings Scheme (SCSS): Can I deduct penal interest while filing ITR?
Our panel of experts will answer questions related to any aspect of personal finance. If you have a query ...More
Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away. ...Less
- PPF, Senior Citizen Savings Scheme, Sukanya Samriddhi and other small savings schemes' rates announced for April-June quarter; check here
Latest small savings schemes interest rates: Here is a look at the interest rates on various small saving ...More
Latest small savings schemes interest rates: Here is a look at the interest rates on various small savings schemes for the fourth quarter of FY 2023-24. ...Less
- Senior Citizen Saving Scheme interest rate hiked for Oct-Dec quarter: What is the latest SCSS rate
For the third quarter (October to December) of the current fiscal year, the government has increased the ...More
For the third quarter (October to December) of the current fiscal year, the government has increased the interest rates on a few small savings schemes. ...Less
- 5 financial gifts for a Happy Mother's Day -- take a look!
This Mother’s Day, go beyond traditional gifts and take a meaningful step toward ensuring your mother’s f ...More
This Mother’s Day, go beyond traditional gifts and take a meaningful step toward ensuring your mother’s financial freedom. Start by helping her build a secure and diversified financial portfolio tailored to her needs whether it’s through steady income schemes like the Senior Citizens’ Savings Scheme or wealth-building options such as mutual funds with a portion of gold to hedge her risks. ...Less
- 7 Senior Citizens Savings Scheme (SCSS) rule changes
...More
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- Good financial gifts that you can give your parents
The best way to show your affection is to offer financial gifts or deploy strategies that can reduce thei ...More
The best way to show your affection is to offer financial gifts or deploy strategies that can reduce their fiscal burden, optimise returns and capital safety. ...Less
- Where should I invest my father’s retirement corpus?
If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by o ...More
If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts. ...Less
- Where should I invest Rs 60 lakh with minimum income tax liability?
Our panel of experts will answer questions related to any aspect of personal finance. If you have a query ...More
Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away. ...Less
- 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 R ...More
Senior Citizen Savings scheme interest rate: Note that if an account is formed in violation of the SCSS Rules, the account will be terminated immediately and the deposit will be returned to the depositor after deducting any interest received on the deposit. ...Less
- Senior Citizens’ Savings Scheme: Disadvantages of SCSS you should know before investing
Assured income, protection of capital and regular payouts is what makes it attractive. The Senior Citizen ...More
Assured income, protection of capital and regular payouts is what makes it attractive. The Senior Citizens' Saving Scheme (SCSS) also provides tax benefits under Section 80C and allows for early withdrawals. ...Less
- PPF, SSY, Senior Citizen Savings Scheme, other post office schemes interest rates for April- June quarter 2024
Post office schemes interest rates for April-June quarter: The government revises small savings schemes i ...More
Post office schemes interest rates for April-June quarter: The government revises small savings schemes interest rates every quarter. Here is a look at the interest rates on various post office schemes for the first quarter of FY 2024-25 along with its compounding frequency. ...Less
- Post office schemes rules changed: Govt makes changes to PPF, Senior Citizen Savings Scheme (SCSS), 5-year time deposit
On November 7, 2023, the government released a notification that made numerous significant modifications ...More
On November 7, 2023, the government released a notification that made numerous significant modifications to the popular SCSS, PPF, and 5-year post office time deposit. Here is a look at the changes made to these small savings schemes. ...Less
- 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 inv ...More
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 look at important features of the scheme. ...Less
- Senior Citizen Savings Scheme vs FDs: Which offers highest interest rate?
If you're a senior citizen looking to make an investment here is a comparison of the interest rates offer ...More
If you're a senior citizen looking to make an investment here is a comparison of the interest rates offered by SCSS and major banks like SBI, HDFC Bank, ICICI Bank, PNB, Axis, and Yes Bank for FDs with a 5-year term. ...Less
- Senior Citizens’ Savings Scheme: Govt clarifies on interest rate payable after death of SCSS account holder
The SCSS's interest rate is determined by government policy, and it provides account holders with a consi ...More
The SCSS's interest rate is determined by government policy, and it provides account holders with a consistent income during their retirement. ...Less
- Why defence personnel should look beyond Senior Citizens Saving Scheme and what are the alternatives
The minimum age limit for investing in SCSS for retired defence personnel (excluding civilian defence emp ...More
The minimum age limit for investing in SCSS for retired defence personnel (excluding civilian defence employees) has now been fixed at 50 years. ...Less
- Where should you invest: PPF, NSC, Sukanya Samriddhi or Senior Citizens' Saving Scheme?
Investors shouldn't blindly invest in small savings schemes. Each instrument has specific features. Here ...More
Investors shouldn't blindly invest in small savings schemes. Each instrument has specific features. Here are pros & cons of some of the most popular schemes. ...Less
- Bank deposit rates set to fall in new fiscal
Many banks have cut deposit rates within a month into demonetisation and experts believe that they are in ...More
Many banks have cut deposit rates within a month into demonetisation and experts believe that they are in for another round of cut in the Q1 of FY18. ...Less
- 4 safe investments that offer higher returns than bank FD interest rates
Best investment options: FD interest rates have been on the rise, but there are other fixed income invest ...More
Best investment options: FD interest rates have been on the rise, but there are other fixed income investments that are offering better returns. ...Less
- Deferred payout from insurance plans is tax free: Should you invest in these plans?
Though deferred insurance payout plans are tax-free, investors should consider several other factors befo ...More
Though deferred insurance payout plans are tax-free, investors should consider several other factors before investing in them. ...Less
- Govt announces interest rates for post office savings scheme for April- June 2025: Check latest PPF, NSC interest rate
Latest Small Savings Schemes interest rate: The government has issued a circular today announcing interes ...More
Latest Small Savings Schemes interest rate: The government has issued a circular today announcing interest rates for various small savings schemes such as PPF, NSC, Post Office Time Deposits, etc. The interest rate announced will be applicable for April and June 2025, i.e., for the first quarter of the new FY 2025-26. ...Less
- RBI ask banks to provide new interest rates on PPF, SCSS
RBI today directed the banks to provide the higher interest rates on PPF and SCSS from April 1 as announc ...More
RBI today directed the banks to provide the higher interest rates on PPF and SCSS from April 1 as announced by the government. ...Less
- These 10 private and public banking stocks have an upside potential of up to 30% in one year, according to analysts
As far as fundamentals are concerned, most banks have continued to show improvement on critical parameter ...More
As far as fundamentals are concerned, most banks have continued to show improvement on critical parameters like NPAs. But if inflation rises and impacts credit growth (which has been an area of some concern), these stocks could take a hit. Now, why we are talking about inflation is obvious: Rising crude oil prices. That’s bad news for the Indian economy and the markets. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components ,earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less
- 7 changes in Senior Citizens Savings Scheme rules: More people can invest, more time for retirees, stricter penalty
The government has issued a notification to make changes in the Senior citizens Savings Scheme rules. The ...More
The government has issued a notification to make changes in the Senior citizens Savings Scheme rules. These rules apply on who can invest, how much time retirees have to invest their retirement benefits in the scheme, definition of retirement benefits, penalty on premature withdrawals on certain tenures and others. Read on to know the latest changes. ...Less
- Senior Citizens’ Savings Scheme or bank fixed deposits: Which offers best interest rate for senior citizens?
In view of increased interest rates, the government revised the interest rates of a few small savings sch ...More
In view of increased interest rates, the government revised the interest rates of a few small savings schemes, including the Senior Citizens Savings Scheme, for the June 2023 quarter. ...Less
- Earn up to 9.50% interest rate: Senior Citizen Saving Scheme (SCSS) vs FD; interest rates, tax benefits, deposit limit compared
SCSS vs. FD: Here, we have compared the interest rates offered by the Senior Citizens Savings Scheme (SCS ...More
SCSS vs. FD: Here, we have compared the interest rates offered by the Senior Citizens Savings Scheme (SCSS) and bank fixed deposit rates with 5-year tenure for senior citizens and other important features. ...Less
- 8 money mistakes that can ruin your retirement and how to avoid them
Retirement needs careful financial planning. Even small mistakes can diminish savings. A withdrawal plan ...More
Retirement needs careful financial planning. Even small mistakes can diminish savings. A withdrawal plan is crucial. Avoid locking funds in annuities. Equities should be part of the portfolio. Medical insurance is essential. Estate planning is important for seamless asset transition. Illiquid assets pose risks. Clear debts before retirement for financial stability. ...Less