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SENIOR CITIZEN SAVINGS SCHEME

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Under Senior Citizen Savings Scheme, the maximum amount invested should not exceed ₹15 lakh at any given point of time

Safe investments options for senior citizens during low interest rate regime

4 min read . 16 Jun 2021

For the time being, opening of PPF, Senior Citizen Savings Scheme and and subsequent deposits can be done at branch post offices through cheque only.

PPF, Senior Citizen Savings Scheme account opening made easier: 5 updates

1 min read . 27 Jul 2020

An individual over 60 years of age can open SCSS account. (Photo: iStock)

How to open a Senior Citizen Savings Scheme Account?

2 min read . 21 Jul 2020

Photo: Aniruddha Chowdhury/Mint

Senior Citizen Savings Scheme: Interest rate, eligibility, tax benefits

1 min read . 23 Nov 2019

Accounts opened under Senior Citizens Savings Scheme has a tenure of five years (Mint)

Senior Citizens Savings Scheme offers 8.6% when FD rates are falling: Key points

1 min read . 18 Oct 2019

Check terms of SCSS before making a claim

1 min read . 23 Apr 2019

Interest rate on popular PPF scheme has been kept unchanged at 8%. Photo: iStock

1-year post office deposit rate hiked, PPF remains attractive

1 min read . 03 Jan 2019

All about helping parents in managing their finances

3 min read . 01 Dec 2018

An investor needs to pay heed to the taxation rules to know what the net returns would be. Photo: Mint

Debt MFs vs Bank FDs vs Senior Citizen Savings Scheme: income tax

1 min read . 28 Nov 2018

Income tax on debt MF, bank FD, NSC and Senior Citizen Savings Scheme investments

1 min read . 17 Oct 2018

Out of all the fixed income instruments, bank FDs carry minimum or negligible risk, and are non-volatile. Photo: Mint

Should you rejig your fixed income investments when rates rise?

4 min read . 16 Oct 2018

The interest rate on PPF has been hiked to 8% while Senior Citizen Savings Scheme will fetch 8.7%. Photo: Mint

Rates of small savings schemes hiked: What should investors do?

3 min read . 25 Sep 2018

Senior Citizen Savings Scheme, which has a maturity period of five years, can be extended. Photo: AFP

How to invest in the Senior Citizen Savings Scheme (SCSS)

3 min read . 20 Aug 2018

From April this year, senior citizens get more income tax benefits on interest received deposits - whether the deposit is with banks or post offices

PPF and other post office savings schemes that offer income tax benefits

4 min read . 17 Aug 2018

Inflation of 5-6% combined with the prospect of potentially living for another 20-25 years post retirement can become an expensive outcome. Photo: iStockphoto

How to get regular income after retirement

4 min read . 06 Aug 2018

Interest income from bank FDs is fully taxable. Photo: iStock

How much tax do you pay on debt-related investments?

1 min read . 18 Jul 2018

The last time interest rate on small savings rates was changed was in the January-March quarter of 2017-18. Photo: iStock

Small saving schemes’ rates are pegged to G-sec yields

2 min read . 16 Jul 2018

PPF interest rate has remained unchanged since January.

Interest rate on PPF, other small savings schemes kept unchanged

1 min read . 02 Jul 2018

Since 2016, the government has linked the small savings deposit rate with the benchmark government securities (G-Sec) rate. Photo: iStockphoto

Small savings interest rates may not go up in April-June

1 min read . 26 Mar 2018

Photo: Hemant Mishra/Mint

Interest cannot be denied if your PF is not transferred to the new employer

3 min read . 20 Feb 2018

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