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saving schemes

Senior Citizen Savings Scheme: Age, eligibility criteria, interest rate and key details

Senior Citizen Savings Scheme: Age, eligibility criteria, interest rate and key details

Tue, Sep 05, 2023

The Senior Citizen Savings Scheme is a government-backed savings instrument. The investment option is eligible for tax deductions up to Rs 1.5 lakh under section 80C of the Income Tax Act, 1961.

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Interest rates of small savings schemes unchanged since 2 years - here's why

Interest rates of small savings schemes unchanged since 2 years - here's why

Fri, Aug 19, 2022

Sources in the banking industry, however, pointed out that when the Coronavirus pandemic broke out in 2020, both the RBI and banks had cut their deposit rates.

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Sukanya Samriddhi Yojana: Age, minimum-maximum amount, account opening, interest rate, withdrawal, maturity, benefits, etc - All questions answered

Sukanya Samriddhi Yojana: Age, minimum-maximum amount, account opening, interest rate, withdrawal, maturity, benefits, etc - All questions answered

Tue, Feb 26, 2019

Sukanya Samriddhi Yojana (SSY) is one of the most sought-after small savings schemes in India. It is backed by Government of India. The scheme is exclusively meant for the girl child.

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Explained: Post office Sukanya Samriddhi Account, PPF, NSC, KVP, Fixed Deposit to RD Benefits, interest rates

Explained: Post office Sukanya Samriddhi Account, PPF, NSC, KVP, Fixed Deposit to RD Benefits, interest rates

Sun, Dec 16, 2018

Post Office savings scheme: The Post Office Savings Bank offers a lot of schemes and benefit to customers.

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Post Office Saving Schemes: Earn more interest than banks, it will cost you just Rs 10

Post Office Saving Schemes: Earn more interest than banks, it will cost you just Rs 10

Tue, Sep 18, 2018

This is a 5-year Post Office Recurring Deposit Account (RD), where a person can begin with a minimum amount of Rs 10 per month or any amount in multiples of Rs 5. There is no maximum limit.

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Not only Fixed Deposits, 'linked FDs' are a good option too

Not only Fixed Deposits, 'linked FDs' are a good option too

Fri, May 12, 2017

The linked FD essentially allows customers to save their money lying in savings accounts in flexible fixed deposits, enabling them to earn a higher interest rate without compromising on the liquidity.

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