Latest Breaking News On - Senior citizen savings scheme - Page 15 : comparemela.com

SCSS new rule: A Senior Citizen Savings Scheme (SCSS) pays quarterly interest to the depositors during its tenure of five years. On maturity, the deposited amount is paid back to the SCSS investor. The depositor has the option to extend the scheme by three years. What has changed? Earlier, an SCSS account holder could extend the maturity by only three years. Now, the beneficiary gets the chance to extend the SCSS account multiple times in a block of three years for unlimited times

Abhishek kumarAbhijit talukdarFirst bankUtkarsh small finance bankBandhan bankIndusind bankUnity small finance bankSenior citizen savings schemeSenior citizens savings schemeIncome tax actCitizen savings schemeSmall finance bankScss rate of interestScss interest rate 2023 24Scss premature closureScss rule change