Post Office Senior Citizen Saving Scheme has a tenure of five years. However, one can extend their investment in the scheme for another three years. Also, the interest rate for the extended tenure would be at the prevailing rate. For the extension of the scheme tenure, the investor has to...
3. ICICI Bank Golden Years:Senior citizens investing with ICICI Bank enjoy an additional interest rate of 10 bps on tenures spanning 5 years and 1 day to 10 years, for deposits below Rs 2 crore. Conclusion Senior Citizen Fixed Deposits provides senior citizens with a strategic avenue to secur...
Senior citizens aspiring to earn a regular stream of income can invest in the Senior Citizen Tax Saving scheme or SCSS. Let’s get to know more about the scheme in detail, pertaining to its eligibility criteria, interest and tax benefits. ...
High Interest Rates and Fee Waivers Special rate on overdraft against FD and Loan on Deposits^ Tailor-made Liquidity and Payout Options on Deposits Experience the privilege of priority services for Senior Citizens Curated Health and Wellness Benefits* Secured banking with cyber insurance cover ...
Deductions under 80C up to limit of 1.5 lakh are available to Senior Citizen just like any other resident individual. This includes Life insurance premium, contribution to Public Provident Fund or Provident Fund, Investment in Equity Linked Savings Schemes (ELSS) of mutual funds, Home loan principa...
Senior Citizen's savings account provides FREE Insurance benefits, Lifetime FREE Debit card, exclusive offers and higher fixed deposit rates to ensure your money grows faster. Apply Now!
Senior Citizen Savings Scheme (SCSS) In SCSS, the guaranteed return is for 5 years. SCSS can, however, be extended after maturity for 3 years but the prevailing rate of interest will apply. Currently, the interest rate on SCSS is 7.4 per cent per annum and is paid on a quarterly basis...
Purpose:With the benefits of advanced medical technology, Taiwan has gradually changed from an aged society to a super-aged society. According to previous studies, the prevalence rate of mild cognitive impairment (MCI) over the age of 60 is 15% to 20%. Therefore, the main purpose of our st...
Lunardis– 5% Senior Citizen Discount (65 and Over) on Tuesdays & Thursdays Michaels– Register through your Michaels Rewards account to use your 10% senior discount online and in store. New Seasons– 10% off most items every Wednesday for those aged 65 years and above. ...
Capital gains -A senior citizen will not be liable to capital gain tax in case of transfer of a residential property under a reverse mortgage scheme. Non-filing of ITR -From the assessment year 2022-23, senior citizens of 75 years or more with only pension income and interest income on th...