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7 changes in Senior Citizens Savings Scheme rules: More people can invest, more time for retirees, stricter penalty

The government has issued a notification to make changes in the Senior citizens Savings Scheme rules. These rules apply on who can invest, how much time retirees have to invest their retirement benefits in the scheme, definition of retirement benefits, penalty on premature withdrawals on certain tenures and others. Read on to know the latest changes.

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Senior Citizen Saving Scheme interest rate 2023 scss calculator: senior citizens can open account in hdfc tax, SBI, ICICI, post office with 8 2 per cent rate of interest with several tax benefits

Senior Citizen Saving Scheme interest rate 2023 scss calculator: senior citizens can open account in hdfc tax, SBI, ICICI, post office with 8.2 per cent rate of interest with several tax benefits., Personal Finance News, Times Now

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Senior Citizen Savings Scheme: Invest Upto Rs 30 Lakh, Know Interest Rate And Key Details

The SCSS account can be opened by a senior citizen at a bank or post office.

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How senior citizens can make the most from SCSS scheme from FY23-24?

Senior Citizen Savings Scheme (SCSS) is a government-backed savings scheme in India for senior citizens 60 years of age and up.

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

The two most well-liked government-backed initiatives for elderly adults during the prevailing interest rate regime are the Senior Citizen Savings Scheme (SCSS) and Pradhan Mantri Vaya Vandana Yojana (PMVVY).

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