WebStaying in a joint family in Mumbai is not for the faint-hearted. It was an eventful weekend, Got possession of the new apartment, Discussed the layout with… WebApplicable for resident senior citizens who have attained 60 years of age. Individuals above 60 years of age can invest in this scheme. Rate of interest. 6.30% (for senior citizens) 5.50% (for general public) 7.4%. Tenure. Minimum – 5 years. Maximum – 10 years.

SBI Senior Citizen Savings Scheme - SBI SCSS Interest Rate

WebJul 15, 2024 · Senior Citizen Savings Scheme (SCSS) – This again is a Government-backed small saving scheme suitable for retirees aged 60 years and above, and the investments can be done in single or joint name with the spouse for a term of 5 years. An individual of the age between 55 years and 60 years who has retired on superannuation … WebThis is considered as one of the profitable savings schemes as it offers attractive returns. Features of SCSS: Any senior citizen can initiate the investment in SCSS with a minimum savings of Rs 1,000 and a maximum of Rs 15 lakh. The SCSS interest rate is 7.4% per annum. The rate is revised every quarter, and the final rate is decided ... don marshall used trucks

Senior Citizen Savings Scheme (SCSS) - ClearTax

WebTeens Of God (Regd. NGO)’s Post Teens Of God (Regd. NGO) 1,581 followers 1w WebApr 12, 2024 · The main features of the Senior Citizens Savings Scheme are mentioned below: Maturity of the scheme: The maturity period of the scheme is 5 years. … WebEligible individuals require making a minimum deposit of Rs. 1,000 to open an account under the Senior Citizen Scheme. At the same time, the deposit quantum is capped at … city of delray beach housing assistance