Tag: scss
Will PPF, Sukanya Samriddhi, Senior Citizen Savings Scheme, other small savings schemes’ interest rates increase in December quarter?
Interest rates of various small savings are due for review by the end of this month, i.e., September 30, 2023. The Central Government has hiked…
Senior Citizen Savings Scheme vs Senior Citizens Special FDs: Which offers best returns?
The Reserve Bank of India (RBI) has been raising the repo rate since May 2022, which has led to banks raising their deposit interest rates….
Top bank FDs vs PPF, SCSS, Sukanya Samriddhi, other post office schemes: Which offers best interest rate
As the Reserve Bank of India (RBI) has raised the repo rate by 2.25% since May of this year, banks have been consistently raising their…
Senior citizens can invest extra Rs 15 lakh in SCSS from April 1, 2023 but PMVVY to close from same date
While the government has hiked the investment limit under the Senior Citizen Saving Scheme (SCSS) by Rs 15 lakh to Rs 30 lakh, it is…
Small Saving Schemes Announcements: Senior Citizens, women get a chance to increase their savings via SCSS, Mahila saving scheme
The government has implemented many initiatives to increase the earning potential of retirees and people who are risk averse. In Budget 2023, the government has…
Rise in deposit limit for 2 senior citizen schemes
In a big benefit for senior citizens, the deposit limit in two popular schemes, Senior Citizens Saving Scheme (SCSS) and Monthly Income Scheme (MIS), has…
Senior Citizen Savings Scheme’s investment limit increased to Rs 30 lakh: Budget 2023
The maximum investment limit for the Senior Citizen Savings Scheme (SCSS) has been increased from Rs 15 lakh to Rs 30 lakh in Budget 2023….