comparemela.com

Latest Breaking News On - Citizen saving scheme - Page 6 : comparemela.com

10 Tips to Save Income Tax in India for FY 2021-22

10 Tips to Save Income Tax in India for FY 2021-22
lifehacker.co.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lifehacker.co.in Daily Mail and Mail on Sunday newspapers.

Looking for regular income after retirement? Check these safe investment options

Five schemes senior citizens can consider for investment to get regular income

Updated Apr 13, 2021 | 06:20 IST Here are five investment options where senior citizens can park their hard-earned savings to get a regular income at high interest rates. Representational image  New Delhi: Investors looking for fixed regular income on their capital have been the worst hit in this falling interest rate scenario. While top banks offer maximum 6% to senior citizens on their fixed deposits with a tenure between 5-10 years, post office small savings schemes provide relatively higher rate. However, investment experts believe that the current high rates on small savings schemes may not sustain further and it is just a matter of time that the government cuts interest rates on these schemes although for the current April-June quarter the interest rates cut was reversed. Under this scenario, here are five investment options where senior citizens can park their hard-earned savings to get a regular income

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.