is scss interest rate fixed for 5 years

Senior Citizen Saving Scheme Interest Rate 2023-24

Senior Citizen Saving Scheme Interest Rate 2023-24, Benefits, Eligibility, Rules & Application Form

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Senior Citizen Saving Scheme Interest Rate 2023-24:- For the third quarter (October–December) of FY 2023–2024, the interest rate on the Senior Citizen Savings Scheme (SCSS) is 8.2% p.a. One of the highest interest rates available from a fixed-income small savings plan is this one. The suggested fixed-income investment option for seniors is the Senior Citizen …

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senior citizen saving scheme

Senior Citizen Saving Scheme (SCSS) – Interest Rate 2023-24, Tax Benefits, Eligibility, Rules & Opening SCSS Account

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Senior Citizen Saving Scheme:- A retirement benefits program supported by the government is called a Senior Citizens’ Savings Scheme (SCSS). Indian seniors who live in retirement can contribute a lump sum to the program either individually or jointly, and they will receive tax benefits in addition to regular income. Senior Indian citizens are the main target …

Senior Citizen Saving Scheme (SCSS) – Interest Rate 2023-24, Tax Benefits, Eligibility, Rules & Opening SCSS Account Read More »