Uploaded on Feb 11, 2023
Senior Citizen Savings Scheme by Fintra.co.in is an online savings scheme for senior citizens. We guide attractive interest rates, easy to use interface, secure and convenient payment options, and more. Look at our site for additional details.
Senior Citizen Savings Scheme Fintra.co.in
Senior Citizen Savings Scheme
Senior Citizen Savings Scheme by Fintra.co.in is an online
savings scheme for senior citizens. We guide attractive
interest rates, easy to use interface, secure and convenient
payment options, and more. Look at our site for additional
details.
Senior Citizen Savings Scheme (SCSS), a
About government-sponsored savings instrument has been designed exclusively for individuals above
the age of 60. The Government of India
introduced this scheme in 2004 to provide senior
citizens with a secure and steady source of income
during their post-retirement phase.
Since SCSS offers guaranteed safe and regular income that's
completely risk-free, it's believed to be one of the most
lucrative savings schemes in India. The SCSS interest rates
payable for 01/01/2023 to 31/03/2023 are 8% per annum
that's compounded quarterly and paid. This scheme is risk-
free because it's a government-backed investment scheme,
and due to this the risk of experiencing a capital loss is
negligible. Anyone can apply for SCSS through post offices
and public & private banks. It is also eligible for tax benefits
under Section 80C of the Income Tax Act of India.
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Contact Us:-
Hno 40, Sec 14 , Fridababad
Haryana
121007
India
9619392341
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