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SCSS vs Senior Citizen Fixed Deposit: Which is better for elderly people?

Senior citizens prefer low-risk instruments like bank fixed deposits (FDs) and small savings schemes. Returns from both SCSS and Senior Citizen FDs are taxable

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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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These post office schemes give higher returns than bank FDs with 80C deducations

These 3 post office schemes give higher returns than bank FDs.

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Post Office senior citizen saving scheme: Check interest rates, and how to apply

Indian citizens over 60 years old can invest in the Senior Citizens Savings Scheme (SCSS), a savings vehicle backed by the government.

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Finance Ministry announces PPF, NSC, Post Office scheme interest rates, know details

Finance Ministry announces PPF, NSC, Post Office scheme interest rates, know details - The interest rate for small savings schemes has not been revised since the first quarter of 2020-21.

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