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Sukanya Samriddhi scheme

Senior Citizens Savings Scheme: How retirees can earn ₹24 lakh in 5 years through secure savings

12 January 2025 by Admin
Senior Citizens Savings Scheme: How retirees can earn ₹24 lakh in 5 years through secure savings

Senior Citizens Savings Scheme (SCSS): Planning for a secure and steady income after retirement is a priority for many. The Senior Citizens Savings Scheme (SCSS) offers retirees a reliable way to invest their funds while ensuring regular quarterly returns.  Backed by the government, this scheme provides one of the highest interest rates among small savings … Read more

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Investment ideas: Term deposits vs Fixed deposits. What is the basic difference?

1 January 2024 by Admin
Investment ideas: Term deposits vs Fixed deposits. What is the basic difference?

Last week, the Centre revised the interest rates applicable to three-year term deposit scheme by 10 basis points for the January-March quarter. According to a finance ministry circular, the deposit under Sukanya Samriddhi scheme would attract an interest rate of 8.2 per cent from the existing 8 per cent, while the 3-year term deposit would … Read more

Categories Economy Tags 1 year term deposit, 2 year term deposit, 3 year term deposit, 5 year term deposit, bank FD rates, Banks, Compound interest, fixed deposits, hdfc bank fixed deposit rate, icici bank fd interest rate, icici fd rates, icici vs hdfc bank fd interest rate, income tax act, Income tax benefits, Interest Rates, investment, Investment ladder, Liquidating funds, loan, Lock-in periods, National Savings Time Deposit Account, NBFCs, Payout options, pnb vs sbi fd interest rate, Post Office Time Deposit, Postal department, Premature withdrawal, punjab national bank fd rates, SBI FD rates, sbi senior citizen fd rates, section 80c, senior citizen bank fd rates, Sukanya Samriddhi scheme, Tax-saving, term deposit schemes, term deposits Leave a comment
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