Due to the reduction in interest rates, many banks have started special FD Schemes for Senior Citizens, in which they are being offered up to 1% more interest than the rest.
New Delhi. Senior citizens in India are concerned about the reduced interest rates of banks . He has suffered the most from this. However, interest rates in the lack of reason many banks the senior citizens of for special FD Schemes run, in which they generally people of more than 1 percent to more interest plan has been. Despite this , the top of the country like SBI Bank 5 to 10 years by the FD on Senior Citizens at 6.2% interest offers are are are. As seen things that begins post office (Post office) of small savings schemes ( Small Saving Scheme ) for Senior Citizens to little more interest to get it. Let that begins today we you Senior Citizen ‘s for a 4 Saving Schemes of about the show going to have a high return of with guaranteed income offers are.
Senior Citizen Saving Scheme (SCSS)
Senior Citizen Savings Scheme (SCSS) such plan is, where the Senior Citizens to annual 7.4% interest to get it. The savings scheme of the period 5 years is , that if you want that begins next 3 years in order to increase going to be is. SCSS for senior citizens up to 15 million rupees to Investment tax can have. This scheme can Sr Citizen ‘s for is that your investment on higher returns like that.
This scheme of interest to be paid every quarter or quarterly (quarterly) basis to be used is. In addition Income Tax Act of section 80C of under Senior Citizens Savings Scheme in investment at 1.5 million rupees to the tax deduction claimed by you are. This government by drove to Is a small savings plan .
Bank Fixed Deposits (FDs)
Country of almost all major banks Senior Citizen ‘s for Senior Citizens Special FD Scheme (Senior citizens special FD scheme) went to that. The Yaejana the special thing it is that it under Senior Citizens on fixed deposits (FD) on common than Grahkaen one percent interest is paid. Bank Fixed Deposit (Bank fixed deposits)Senior Citizen ‘s for always the investment of the best options in the one I have. Bank FD for Senior Citizens of every month , every quarter , half or a year , depending on interest take the place get ‘s.
SBI, HDFC and ICICI as many bank 30 Jun 202l of Senior Citizen ‘s for special FD scheme went to the. Many small banks Senior Citizen ‘s Bank FD at 7% of interest offers are are are. However , large banks 6.2% to 6.5% interest offers are are are. Senior citizens Each of the 5 to 10 years to the FD made can have.
Pradhan Mantri Vaya Vandana Yojana (PMVVY)
Prime expenses Vandana Scheme (PMVVY) Life Insurance Corporation (LIC) by senior citizens and to run to make retirement less pension plan is. Senior Citizen this plan the benefit 3l Marc , 2023 to take can have. The scheme for Senior Citizens at 7.40% annual interest rate of pension Get is , with payment every month would have. Its duration is 10 years .
Post Office Monthly Income Scheme (POMIS)
The Post Office Monthly Income Scheme (POMIS) is a monthly income scheme of 5 years duration . This Yajna in a time exposure to the after the 5 years the maturity of a single rate of interest you get is is. Now the plan in Senior Citizens at 6.6% annual interest to get going is.
