All posts tagged "Senior Citizen"
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60FINANCESBI Senior Citizen FDs: What Rs 2 lakh investment in 1-year, 3-year, and 5-year FDs will give you
Investors also get an income tax exemption on deposits up to Rs 1.50 lakh in five-year FDs. FD schemes are popular among...
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122FINANCESenior citizen term deposits accounts double in 5 years
The share of senior citizen term deposits doubled in the last five years to 30% in FY24 as many have locked in...
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120ITRSenior citizen fixed deposits: Govt likely collected Rs 27,000 crore in taxes on interest earned from FDs, says SBI report
According to the report by SBI researchers, the total amount of deposits has risen by 143 per cent in the last five...
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168FINANCESenior Citizen Fixed Deposits: Check the list of 15 banks offering up to 8.25% interest rates
Senior citizen fixed deposits (FDs), specifically tailored for individuals aged 60 and above, offer attractive interest rates and various benefits. However, before diving into...
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165FINANCE
Tax Saving Investment Options For Your Senior Citizen Parents
At a time when many of us are rushing to save tax at the last minute, some of us might be having senior...
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221FINANCESenior Citizen 5-Year FDs Of SBI, HDFC, ICICI, PNB vs SCSS: Where Should You Park Your Savings?
Currently, SCSS offers a guaranteed interest rate of 8.2 percent, effective from January 1, 2024. New Delhi: As seniors prioritize secure and...
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159FINANCESenior citizen savings scheme: Know SCSS interest rate for the January-March 2024 quarter
The Senior Citizen Savings Scheme (SCSS), supported by the government, is open to individuals aged 60 and above. Alternatively, individuals who have...
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272FINANCE
Senior citizen investment tools: Senior Citizen Savings Scheme vs FDs for seniors, which one is better
The Centre has recently revised the interest rates applicable to small savings schemes for the quarter of January-March 2024. Though it didn’t...
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176FINANCEICICI Bank Revises FD Rates From Today: Check Fixed Deposit Interest Rates For General Public, Senior Citizen, Tenor And Other Details
ICICI Bank FD Rates: Interest rates (per cent per annum) w.e.f. 28 December 2023 , for Single deposit of Rs 2 Crores...
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275FINANCE
Senior citizen FDs: With interest rates at a high, time to park safe
Senior citizens often prefer investing in fixed deposits (FDs) due to the safety and stability these instruments offer. FDs provide a secure...
