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Why HDFC deposits are a safe option for senior citizens - The Hindu BusinessLine


Why HDFC deposits are a safe option for senior citizens
Keerthi Sanagasetti
BL Research Bureau |
Updated on
April 17, 2021
Stable business and consistent AAA rating offer comfort
The prevailing low interest rates on deposits have been pinching senior citizens the most. Seniors who are more keen on capital conservation than higher interest rates can consider the deposits from HDFC. Currently, HDFC offers seniors 6.1 per cent interest for 24-month deposits
Depositors who wish to get regular payouts can opt for the non-cumulative option, with monthly/quarterly/half yearly or annual payouts. Those who don’t need regular payouts, can instead opt for the cumulative option which offers annual compounding. ....

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Welcome To IANS Live - LatestNews - Senior citizens need govt support for social security: SBI Ecowrap


Photo Credit: IANS
IANSLive
New Delhi, April 16 (IANS) With country s population of old set to double over the next few decades, government should look to provide complete tax waiver on senior citizen savings scheme (SCSS) and help the elderly build some sort of social security, said the SBI Ecowrap report.
To get full access of the story, click here to subscribe to IANS News Service
© 2021 IANS India Private Limited. All Rights Reserved.
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Update: 16-April-2021 ....

New Delhi , News Service , India Private , All Rights , புதியது டெல்ஹி , செய்தி சேவை , இந்தியா ப்ரைவேட் , அனைத்தும் உரிமைகள் ,

Welcome To IANS Live - TopStory - You may actually be 'dissaving' by putting money in savings instruments

This means that the return on investments is not yielding any positive value but only covering for higher inflation and savings may actually be falling in their real value. The ....

India Private , News Service , All Rights , இந்தியா ப்ரைவேட் , செய்தி சேவை , அனைத்தும் உரிமைகள் ,

Welcome To IANS Live - BUSINESS - Senior citizens need govt support for social security: SBI Ecowrap


Photo Credit: IANS
IANSLive
New Delhi, April 16 (IANS) With country s population of old set to double over the next few decades, government should look to provide complete tax waiver on senior citizen savings scheme (SCSS) and help the elderly build some sort of social security, said the SBI Ecowrap report.
To get full access of the story, click here to subscribe to IANS News Service
© 2021 IANS India Private Limited. All Rights Reserved.
The reproduction of the story/photograph in any form will be liable for legal action.
For news, views and gossips, follow IANS at Twitter.
Update: 16-April-2021 ....

New Delhi , News Service , India Private , All Rights , புதியது டெல்ஹி , செய்தி சேவை , இந்தியா ப்ரைவேட் , அனைத்தும் உரிமைகள் ,

Welcome To IANS Live - BUSINESS - You may actually be 'dissaving' by putting money in savings instruments

This means that the return on investments is not yielding any positive value but only covering for higher inflation and savings may actually be falling in their real value. The ....

India Private , News Service , All Rights , இந்தியா ப்ரைவேட் , செய்தி சேவை , அனைத்தும் உரிமைகள் ,