Senior Citizens Savings Scheme vs Bank FDs: Interest rates, tax benefits, and deposit limits compared | Business

Financial Literacy News: Senior citizens generally get a slightly better interest rate on bank fixed deposits (FDs) compared to other investors. Similarly, the government has special programs for them, like the Senior Citizens Savings Scheme (SCSS).

Related Keywords

Tamilnad ,Tamil Nadu ,India ,Baroda ,Gujarat ,Nainital ,Uttaranchal ,Canara ,Karnataka ,Jammu ,Jammu And Kashmir ,Naini ,Uttar Pradesh ,Amrit Kalash ,Utkarsh Small Finance Bank ,Punjab National Bank ,Suryoday Small Finance Bank ,Bank India ,Unity Small Finance Bank ,Indusind Bank ,Jana Small Finance Bank ,Karur Vysya Bank ,First Bank ,Deutsche Bank ,Ujjivan Small Finance Bank ,Kotak Mahindra Bank ,Equitas Small Finance Bank ,Indian Bank ,Standard Chartered Bank ,Canara Bank ,Punjab Sind Bank ,Indian Overseas Bank ,Bandhan Bank ,Jammu Kashmir Bank ,Axis Bank ,Central Bank ,Nainital Bank ,Au Small Finance Bank ,Bank Name ,Union Bank ,Small Finance Bank ,City Union Bank ,Tamilnad Mercantile Bank ,Senior Citizens Savings Scheme ,Under Section ,Indian Income Tax Act ,Senior Citizens Savings ,Super Senior ,Senior Citizen Saving ,Tax Deduction ,Tax Benefits ,Scss Vs Fds ,Retirement Benefits ,Investment Options ,Income Tax ,Fixed Deposits ,Deposit Limits ,Bank Fds ,