Post Office Savings Scheme: Deposit Rs 8,334 Monthly to Get Rs 7 Lakh At Maturity
2 years, 11 months ago

Post Office Savings Scheme: Deposit Rs 8,334 Monthly to Get Rs 7 Lakh At Maturity

News 18  

Post Office Savings Scheme: Senior citizens in India are not yet too compatible with digital technology, as they are not tech savvy. To enable senior citizens get a fixed income after retirement, the post office has in place the Senior Citizen Savings Scheme, or SCSS. Post Office Senior Citizen Savings Scheme Calculator If a subscriber makes a deposit of Rs 8,334 monthly in this policy every month, he or she gets an amount of around Rs 7 lakh after five years when the account matures. Eligibility Any person aged 60 years or above can open an account under the Post Office Senior Citizen Savings Scheme.

India Office Interest Senior Citizens Post Lakh Senior This Scheme Rs 7 Lakh Savings Scheme Post Office Savings Post Office Savings Scheme  savings  scheme  monthly  india  interest  maturity  senior  deposit  post  rs  8334  schemes  office  lakh

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Post office schemes: 8 financial instruments offer assured return up to 8.2%
1 month ago

Post office schemes: 8 financial instruments offer assured return up to 8.2%

Live Mint  

Are you a conservative investor who is looking to invest in some safe financial instrument? These schemes include PPF, monthly income account, senior citizens savings scheme, post office savings account, National Savings Certificate, Kisan Vikas Patra and Sukanya Samriddhi Account. Post office savings account: It offers 4 percent per annum on individual/joint account. Financial Instrument Annual interest PPF 7.1 Monthly …

Top 10 small savings schemes retail investors should explore investing into
6 months, 3 weeks ago

Top 10 small savings schemes retail investors should explore investing into

Live Mint  

Small savings schemes not only offer assured returns in the range of 4 to 8.2 per cent per annum, but enable investors to claim income tax exemption of up to ₹ 1.5 lakh under section 80C of Income Tax Act. Besides FDs, however, investors tend to invest in small savings schemes or post office savings schemes primarily because of the …

How Post Office Monthly Income Scheme Can Be A Lifeline For Middle-Class Families
9 months, 2 weeks ago

How Post Office Monthly Income Scheme Can Be A Lifeline For Middle-Class Families

News 18  

For middle-class individuals reliant on monthly salaries to cover living expenses, fluctuations in monthly expenditures can lead to financial strain, especially towards the latter half of the month. Among the various savings schemes available at post offices, the Monthly Income Scheme stands out for its promise of steady income with guaranteed returns. Currently, the Post Office Monthly Income Scheme offers …

Small Savings Schemes: What are the latest interest rates offered? Detailed comparison
9 months, 3 weeks ago

Small Savings Schemes: What are the latest interest rates offered? Detailed comparison

Live Mint  

Small savings schemes are financial instruments managed by the Central government to encourage households to inculcate the habit of saving. A lowdown on small savings scheme Post Office Savings Account: It can be opened by making a minimum deposit of ₹500 while minimum withdrawal amount is ₹50. The interest rate offered is 4 percent per annum on individual/ joint accounts …

Post Office Time Deposit Scheme: Know Interest Rate And Lock In Period
10 months, 3 weeks ago

Post Office Time Deposit Scheme: Know Interest Rate And Lock In Period

News 18  

Banks and financial institutions surely do provide a variety of investment schemes that appeal to different sections of the societal hierarchy. If you want a safe deposit with good returns, the Time Deposit Scheme run by the post office is a good option. Any citizen of India may register for the Post Office Time Deposit Scheme. If you invest money …

Light Up Your Investments This Diwali: Know Latest Interest Rates On Top Govt Schemes
1 year, 1 month ago

Light Up Your Investments This Diwali: Know Latest Interest Rates On Top Govt Schemes

News 18  

Govt Savings Schemes Interest Rates: Investing during Diwali, especially in India, is a tradition rooted in cultural and historical significance. National Savings Time Deposit Account Four category of Time Deposit Account available – 1 year, 2 years, 3 years and 5 years Minimum deposit Rs 1000 and thereafter in the multiples of Rs 100. A single holder type account may …

Senior citizens savings scheme collection spikes, PPF rates remain same
1 year, 2 months ago

Senior citizens savings scheme collection spikes, PPF rates remain same

Live Mint  

Total collections made under small savings schemes witnessed a jump in September quarter, with deposits for the Senior Citizens Savings Scheme rising nearly 2.5 times year-on-year to ₹74,675 crore, reported Indian Express. The interest rate for Senior Citizens Savings Scheme was raised to 8.2 per cent from 8 per cent in June quarter this year and has been kept unchanged …

Small Savings Schemes: Govt Likely To Keep Interest Rates Unchanged For October-December 2023, Says Expert
1 year, 3 months ago

Small Savings Schemes: Govt Likely To Keep Interest Rates Unchanged For October-December 2023, Says Expert

News 18  

Even as the interest rates on small savings schemes, including PPF, NSC and KVP, are reviewed every quarter, the government will revise interest rates on such schemes for October-December 2023 at the end of this month — September 29 or September 30. An expert said that going by the G-Sec yields trend, the interest rates on small savings schemes are …

All You Need To Know About Govt's Senior Citizen Savings Scheme
1 year, 7 months ago

All You Need To Know About Govt's Senior Citizen Savings Scheme

News 18  

The Senior Citizen Savings Scheme has been launched by the government to help elderly people save more money for their later years. Senior Citizen Savings Scheme investments receive 8.2% interest from banks and post offices. Seniors now have more investment options than ever, thanks to SCSS’s current interest rate of 8.2%, but those who opened accounts in the programme earlier …

5 Post Office Saving Schemes That Offer Tax Benefits Under Section 80C
1 year, 8 months ago

5 Post Office Saving Schemes That Offer Tax Benefits Under Section 80C

News 18  

You might have heard people discussing several post office saving schemes. Furthermore, these schemes also offer tax benefits up to Rs 1.5 lakh under Section 80C of the Income Tax Act. Let us take a look at five post office saving schemes and you can select the one that suits your investment objectives in the best way. Investment of up …

How senior citizens can make the most from a portfolio of SCSS & PMVVY schemes?
1 year, 9 months ago

How senior citizens can make the most from a portfolio of SCSS & PMVVY schemes?

Live Mint  

The two most well-liked government-backed initiatives for elderly adults during the prevailing interest rate regime are the Senior Citizen Savings Scheme and Pradhan Mantri Vaya Vandana Yojana. The Finance Minister Nirmala said on February 1, 2023, during the presentation of the Union Budget, that the Senior Citizens Savings Scheme's maximum deposit limit will increase from Rs. Nirmala Sitharaman, has increased …

Senior Citizens Savings Scheme: Govt To Mop Up Rs 75,000 Crore in FY24, Know About this Scheme
1 year, 10 months ago

Senior Citizens Savings Scheme: Govt To Mop Up Rs 75,000 Crore in FY24, Know About this Scheme

News 18  

The maximum investable amount of the senior citizen savings scheme could mobilise Rs 75,000 crore. To open the account under the senior citizen savings scheme, minimum deposit of Rs 1,000 is required in the multiples thereof with maximum deposit of Rs 30 lakh. Senior Citizens Savings Scheme Interest Rate Interest shall be payable from the date of deposit to 31st …

Finance Secretary defends higher investment limit in saving schemes, says…
1 year, 10 months ago

Finance Secretary defends higher investment limit in saving schemes, says…

Hindustan Times  

The decision to raise the investment ceilings in small savings schemes is aimed at benefiting senior citizens and the middle class who park funds in safe government deposit schemes offering higher returns than banks, Finance Secretary TV Somanathan has said. The government every quarter reviews and fixes the interest rate for small savings schemes The Budget 2023-24 raised the maximum …

Postal department reaches out to students, women
1 year, 10 months ago

Postal department reaches out to students, women

Deccan Chronicle  

Hyderabad: The postal services department in Telangana is reaching out to students and women, especially those associated with anganwadis, by spreading awareness about the advantages of opening savings accounts with them as they are assured of lucrative interest. “The recent Budget announced the Mahela Samman Bachat Patra scheme for girls and women, It allows a two-year Rs 2 lakh deposit …

Budget 2023: Senior Citizens Savings Scheme; Rs 30 lakh Deposit Limit, Check Interest Rate And Other Details
1 year, 10 months ago

Budget 2023: Senior Citizens Savings Scheme; Rs 30 lakh Deposit Limit, Check Interest Rate And Other Details

News 18  

For empowerment of senior citizens, the Union Budget 2023-24 announced that the maximum deposit limit for Senior Citizens Savings Scheme will be enhanced from the current Rs 15 lakh to Rs 30 lakh. Senior Citizens Savings Scheme interest rate Interest shall be payable from the date of deposit to 31st March/ 30th June/30th September/31st December on 1st working day of …

Budget 2023: Government raises interest rate on Senior Citizens’ Savings Scheme to 8%; all you need to know
1 year, 10 months ago

Budget 2023: Government raises interest rate on Senior Citizens’ Savings Scheme to 8%; all you need to know

Live Mint  

Senior citizens have a lot to rejoice with as the Union Finance Minister Nirmala Sitharaman announced reforms in the Budget 2023, allowing senior citizens to save and invest more for their future. The maximum deposit level of the Senior Citizens' Saving Scheme has been enhanced from Rs 15 lakh to Rs 30 lakh. The Union Budget 2023 has proposed to …

Senior citizens alert! interest rates go up on small savings schemes
1 year, 11 months ago

Senior citizens alert! interest rates go up on small savings schemes

Live Mint  

Investors in small savings schemes have a reason to rejoice, especially if they are senior citizens. Interest rates on five small savings schemes—Senior Citizen Savings Scheme, National Savings Certificate, Monthly Income Savings Scheme, Kisan Vikas Patra and post office time deposits—have been hiked by 20-110 basis points for the January-March quarter. The 8% interest rate on SCSS is higher by …

Interest Rate Hike On Post Office Time Deposits, Senior Citizen Savings Schemes, NSC Applicable From Today. Check Details
1 year, 11 months ago

Interest Rate Hike On Post Office Time Deposits, Senior Citizen Savings Schemes, NSC Applicable From Today. Check Details

ABP News  

New Delhi: The interest rate hike announced on small deposits including post office term deposits, NSC, and senior citizen savings scheme will be effective from today. What Investors Stand To Gain With the revision, National Savings Certificate will yield a 7 per cent interest rate from January 1 compared to 6.8 per cent at present. Similarly, the senior citizen savings …

Govt hikes interest rates on small deposits, NSC and post office deposits from Jan 1; no change in PPF rate
1 year, 11 months ago

Govt hikes interest rates on small deposits, NSC and post office deposits from Jan 1; no change in PPF rate

India TV News  

Interest rates hike: In accordance with firming interest rates in the economy, the Central government on Friday hiked the interest rates on small deposits by up to 1.1 percentage points from January 1. According to reports, the interest rates have also been raised on post office term deposits, National Saving Certificate and senior citizen savings schemes. However, the interest rates …

Post Office Gram Suraksha scheme: Check how much you need to invest monthly to get Rs 35 lakh at maturity
2 years ago

Post Office Gram Suraksha scheme: Check how much you need to invest monthly to get Rs 35 lakh at maturity

Firstpost  

You are able to cancel the policy after enrolling in the plan for three years. Know more details about the Post Office Gram Suraksha scheme here If you are looking for some low-risk investment options, the post office is a good choice. The Post Office Gram Suraksha Scheme is offering attractive returns. Investors are able to borrow money by utilizing …

Post Office Savings Account Interest Rate Remains Unchanged For Q3 FY23
2 years, 2 months ago

Post Office Savings Account Interest Rate Remains Unchanged For Q3 FY23

News 18  

The government has increased the interest rates for a few small savings schemes for the October-December quarter of the fiscal year 2023. However, there was no change in the interest rates for many schemes including Public Provident Fund, National Savings Certificate and Post Office Savings. Currently, 4 per cent annual interest rate is offered on post office savings for individual …

Get Rs 16 lakh in 10 years by investing in this Post Office scheme
2 years, 2 months ago

Get Rs 16 lakh in 10 years by investing in this Post Office scheme

Firstpost  

Post Office Recurring Deposit scheme is totally secured from the angle of investment. It allows you to invest from an amount as low as Rs 100 The Post Office Recurring Deposit scheme is totally secure from the angle of investment. The scheme is accessible for people of all economic classes Under this scheme, the post office provides interest every quarter …

Post Office Savings Account: All you need to know
2 years, 4 months ago

Post Office Savings Account: All you need to know

Hindustan Times  

A Post Office Savings Account is one of the most well-known and accessible savings accounts in the country. Also, under Section 80TTA of the Income Tax Act, a PO account is eligible for tax exemption for interest of up to ₹10,000 earned in a financial year. At the end of each financial year, the account balance should be at least …

Get Rs 2.78 Lakh Return in 5 Years by Investing Rs 2 Lakh in This Scheme; Income Tax Benefits Extra
2 years, 5 months ago

Get Rs 2.78 Lakh Return in 5 Years by Investing Rs 2 Lakh in This Scheme; Income Tax Benefits Extra

News 18  

Post Office Savings Scheme Interest Rates: The government has recently said in an order that the interest rates of various small savings schemes including National Savings Certificate, Senior Citizens Savings Scheme and the Public Provident Fund, will remain unchanged for the July-September 2022 quarter even as inflation rates remained high in the country. National Savings Certificate: Features, Benefits and Eligibility …

Senior Citizen? Want Better Returns Than FD, Tax Benefits, Regular Income Post Retirement? Do This
2 years, 5 months ago

Senior Citizen? Want Better Returns Than FD, Tax Benefits, Regular Income Post Retirement? Do This

News 18  

If you are a senior citizen and wants a regular stream of income and tax saving benefits, the Senior Citizens Savings Scheme is the scheme you should consider. It is a government retirement saving scheme that helps senior citizens receive quarterly interest payments along with tax benefits. For instance, Punjab National Bank offers interest rates in the range of 3.50-5.75 …

Senior Citizens Savings Scheme: Interest Rates, Tax Benefits, Who Can Invest, Key Details
2 years, 5 months ago

Senior Citizens Savings Scheme: Interest Rates, Tax Benefits, Who Can Invest, Key Details

News 18  

Senior Citizens Savings Scheme: The government has recently announced interest rates for several small savings schemes including the Public Provident Fund, Sukanya Samriddhi Yojana and the Senior Citizens Savings Scheme. What are the Features of Senior Citizens Savings Scheme -A person can open an SCSS account with a minimum deposit of Rs 1,000, while the maximum can be raised to …

PPF, Senior Citizen Scheme, Others: Want to Invest? Check How Much Return You Will Get
2 years, 5 months ago

PPF, Senior Citizen Scheme, Others: Want to Invest? Check How Much Return You Will Get

News 18  

Post Office Savings Scheme Interest Rates: The government has recently said in an order that the interest rates of various small savings schemes including Sukanya Samriddhi Yojana, Senior Citizens Savings Scheme and the Public Provident Fund, will remain unchanged for the July-September 2022 quarter even as inflation rates remained high in the country. As per the latest circular Public Provident …

PPF, Sukanya Samriddhi, Senior Citizen Scheme: Govt to Hike Rates for September Quarter?
2 years, 5 months ago

PPF, Sukanya Samriddhi, Senior Citizen Scheme: Govt to Hike Rates for September Quarter?

News 18  

Post Office Savings Scheme Interest Rates: Stock markets and cryptocurrencies have recently been volatile, with traders experiencing huge losses in several sessions. Small savings schemes, including post office savings schemes like PPF, SSY and senior citizens savings scheme have their interest rates set by the government at the beginning of each quarter. 5-year Monthly Income Account: 6.6 per cent Post …

Post Office MIS Calculator: Get Rs 3,300 Pension from this Scheme; Know How Much to Invest
2 years, 6 months ago

Post Office MIS Calculator: Get Rs 3,300 Pension from this Scheme; Know How Much to Invest

News 18  

Post Office National Savings Monthly Income Account: With the stock markets seeing a bloodbath across the globe as well as in India, the risk appetite of investors have reduced significantly. Post Office MIS: Invest Rs 50,000, Get Rs 3,300 Yearly Returns In a tweet dated December 13 last year, the India Post urged citizens to invest in its National Savings …

Post Office Savings Scheme: Earn Rs 4,950 Monthly With Post Office MIS Account; See How
2 years, 7 months ago

Post Office Savings Scheme: Earn Rs 4,950 Monthly With Post Office MIS Account; See How

News 18  

Post Office National Savings Monthly Income Account: The National Savings Monthly Income scheme offered by the post office, or India Post, is a go-to option for Indians who look to save money and get a good return without having to risk their wealth. In addition, investors can receive an interest of nearly Rs 5,000 per month by putting their money …

Senior Citizen Savings Scheme Offers 7.4% Interest per Annum; Know Eligibility, Other Benefits
2 years, 7 months ago

Senior Citizen Savings Scheme Offers 7.4% Interest per Annum; Know Eligibility, Other Benefits

News 18  

In India, senior citizens often depend on bank fixed deposits or recurring deposits for a regular income after their retirement. The Senior Citizen Savings Scheme, or SCSS, is a special savings scheme specifically designed for the older population. Features of Senior Citizens Savings Scheme -An individual can open an SCSS account with a minimum deposit of Rs 1,000, while the …

Post Office Savings Scheme Gives 7.4% Interest to Senior Citizens; Check Details Here
2 years, 8 months ago

Post Office Savings Scheme Gives 7.4% Interest to Senior Citizens; Check Details Here

News 18  

Post Office Savings Scheme: For senior citizens in India who want a stable income, investing in post office savings schemes is one of the most popular forms of investments. To ensure senior citizens get a fixed income after their retirement, the post office has in place the Senior Citizen Savings Scheme, or SCSS. Opening an Account Under Post Office SCSS …

Post Office MIS Account: Invest Rs 1,000 to Get Monthly Returns; Here's How
2 years, 8 months ago

Post Office MIS Account: Invest Rs 1,000 to Get Monthly Returns; Here's How

News 18  

Post Office National Savings Monthly Income Account: The National Savings Monthly Income scheme offered by the India Post is one of the most popular risk-free savings schemes in the country. The Post Office Monthly Income Scheme also guarantees fixed returns to investors at the rate of which the money was invested initially. One must also note that the interest for …

Post Office Scheme: Invest Rs 10,000 Each Month and Get Rs 16 Lakh Return at Maturity
2 years, 9 months ago

Post Office Scheme: Invest Rs 10,000 Each Month and Get Rs 16 Lakh Return at Maturity

News 18  

Post Office Recurring Deposit Account: Investing in Post Office schemes is something that one treats as the most reliable and safest way to keep their money. While investing in Fixed Deposits or Savings Accounts at banks is one option, another great alternative investing your money through the Post Office Savings Scheme, or more specifically, the Post Office Recurring Deposit Account. …

Post Office Savings Scheme: Post Office FDs Give Better Interest Than Banks; Know Details
2 years, 9 months ago

Post Office Savings Scheme: Post Office FDs Give Better Interest Than Banks; Know Details

News 18  

Post Office Savings Scheme: Fixed Deposits have a different kind of relationships with the middle class and senior citizens in India. The Post Office fixed deposit also offers various benefits, apart from guarantees from the government, as well as higher interest rates than that of banks. Starting with interest offerings of 5.5 per cent for one year FD scheme, the …

Telangana Circle’s post offices covered under Core Banking Solution
2 years, 10 months ago

Telangana Circle’s post offices covered under Core Banking Solution

The Hindu  

In an effort to bring about ease in transferring funds, 846 post offices in the Telangana Postal Circle have now been brought under the Core Banking Solution. It also allows easy access to mobile banking, ATMs and online funds transfer between post offices. For that India Post is offering several savings schemes assuring all rural poor especially women access to …

Budget 2022: All 1.5 lakh post offices in India to be connected to core banking system
2 years, 10 months ago

Budget 2022: All 1.5 lakh post offices in India to be connected to core banking system

India TV News  

Highlights This will enable people to access their accounts online, Sitharaman said This will also enable people to transfer money within post office accounts and to other banks This will be helpful especially for farmers and senior citizens in the rural areas, she said All 1.5 lakh post offices in India will be connected to the core banking system that …

Post Office Savings Scheme: Invest in These Schemes to Get Better Return Than FD; Know More
2 years, 10 months ago

Post Office Savings Scheme: Invest in These Schemes to Get Better Return Than FD; Know More

News 18  

Post Office Savings Scheme: Investing in a good savings scheme has always been a priority for the middle class in India, who predominantly looks to invest in a policy with high rate of interest and guaranteed returns. While fixed deposits at banks cater to that need, the rate of interest and tax benefits are not as high as post office …

Post Office Savings Scheme: Deposit Rs 70 Daily to Get Rs 1.5 Lakh at Maturity. See How
2 years, 11 months ago

Post Office Savings Scheme: Deposit Rs 70 Daily to Get Rs 1.5 Lakh at Maturity. See How

News 18  

Post Office Savings Scheme: Indian citizens, largely across the lower middle class and middle class sections, always rely on savings schemes that guarantee an ensured returns at the time of maturity so that none of their hard-earned money is lost. Apart from those targetted at particular groups, the post office also provides savings schemes such as Recurring Deposits, where the …

Post Office Scheme: Invest Rs 95 Daily to Get Rs 14 lakh in Return. Details Here
2 years, 11 months ago

Post Office Scheme: Invest Rs 95 Daily to Get Rs 14 lakh in Return. Details Here

News 18  

Post Office Savings Scheme: Savings schemes from the government-backed post office has always remained popular among middle class and lower middle class citizens in India. Key Features of Gram Sumangal Scheme – The scheme has flexible policy terms of 15 years and 20 years, making it easier for the investor to choose. – The survival benefits for the 15 year …

Post Office Scheme: Invest Rs 1,411 per Month to Get Rs 35 Lakh Return At Maturity
2 years, 11 months ago

Post Office Scheme: Invest Rs 1,411 per Month to Get Rs 35 Lakh Return At Maturity

News 18  

Post Office Savings Scheme: The India Post often comes up with schemes targetted at the rural population. For this, the India Post has come up with the Gram Suraksha Scheme under its Rural ​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Postal Life Insurance​ schemes programme. Under the Gram Suraksha Yojana, or Gram Suraksha Scheme, of the post office, an investor can get up to Rs 35 lakh …

Post Office Scheme Gives you 6.6% Yearly Return: How to Invest, Eligibility, Key Details
2 years, 11 months ago

Post Office Scheme Gives you 6.6% Yearly Return: How to Invest, Eligibility, Key Details

News 18  

Post Office National Savings Monthly Income Account: The National Savings Monthly Income scheme offered by the India Post is one of the most popular risk-free savings schemes in the country. In a tweet dated December 13 last year, the India Post urged citizens to invest in its National Savings Monthly Income account. “Invest in National Savings Monthly Income Account and …

PPF Account Opening in Post Office: Here's a Step-by-Step Guide to Open PPF
2 years, 11 months ago

PPF Account Opening in Post Office: Here's a Step-by-Step Guide to Open PPF

News 18  

Account holders should be aware that in order to make digital payments, they should first have an India Post Payments Bank Savings Bank Account. The post office saving schemes can be opened physically at a post office by filling an account opening application form or digitally using the India Post Payments Bank App. Currently, there are nine active schemes – …

PF, PPF, Senior Citizen Scheme Interest for This Quarter: Know Rates Before Investing
3 years, 2 months ago

PF, PPF, Senior Citizen Scheme Interest for This Quarter: Know Rates Before Investing

News 18  

Bringing a good news for investors, the government has kept the post office small savings schemes interest rates unchanged for the October-November-December 2021 quarter. The interest rate on PPF remains at 7.1 per cent per annum while for the Senior Citizen Savings Scheme, the interest rate is 7.4 per cent per annum. The 5-year Monthly Income Account Scheme is offering …

This Post Office Scheme Can Double your Money in No Time Without Any Risks: Eligibility, How to Apply
3 years, 3 months ago

This Post Office Scheme Can Double your Money in No Time Without Any Risks: Eligibility, How to Apply

News 18  

Taking the right call in the selection of an investment scheme is not an easy thing to do. If you are someone who is looking for a long term investment option with minimum risk- the Kisan Vikas Patra scheme might be an option, you would want to look at. Eligibility and Interest Rate The scheme comes with a compounding interest …

Post Office Savings Scheme: Get Rs 16 Lakh Return By Investing Rs 10,000 per Month
3 years, 3 months ago

Post Office Savings Scheme: Get Rs 16 Lakh Return By Investing Rs 10,000 per Month

News 18  

When one thinks of investing money in a safe and reliable way, the first thing that often comes to mind is the use of Fixed Deposit accounts or Savings accounts with your banks. You should consider investing your money through the Post Office Savings Scheme, or more specifically, the Post Office Recurring Deposit Account. The Post Office Recurring Deposit Account …

Looking for Investment Plans for Elderly Parents? Check this Scheme, Return, Benefits
3 years, 3 months ago

Looking for Investment Plans for Elderly Parents? Check this Scheme, Return, Benefits

News 18  

The Senior Citizens Savings Scheme is a healthy alternative for people of retirement age. With that in mind, here is a broad overview of the Senior Citizens Savings Scheme, which can offer good investment options to those who are 60 years of age or older. Overview of the Senior Citizens Savings Scheme The scheme was brought into being in August …

Post Office Savings Account: High Return, Tax Exemption, Other Key Features
3 years, 5 months ago

Post Office Savings Account: High Return, Tax Exemption, Other Key Features

News 18  

If you have been looking to earn some extra benefits while saving your hard-earned money, then depositing in a post office savings account could be a very good option. The interest on the post office saving account is calculated on the minimum balance between the 10th of every month and the last day of the month. Small saving instruments such …

Did You Know Post Office Savings Account Interest Up To Rs3,500 Is Tax Exempted? Check Other Details Here
3 years, 5 months ago

Did You Know Post Office Savings Account Interest Up To Rs3,500 Is Tax Exempted? Check Other Details Here

ABP News  

New Delhi: Did you know that interest earned on a post office savings account of up to Rs 3,500 in a financial year is tax exempted? The interest rate on the savings account of the State Bank of India is 2.7 percent while a post office savings account offers you 4 percent interest. The interest on the post office savings …

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