Retirement brings several complications and doubts with itself, but there are several savings schemes offered by the government i.e. Senior Citizens Savings Scheme that are safe and ensure guaranteed retirement income. Now you need not need to worry-for the future as your future is now in the safe hands.
The Senior Citizen Savings Scheme (SCSS) is a long-term savings option with attractive features that offers security to investors. Download to know more about SCSS
You can consult Karmabhumi, which is the Powai Best Nursing Bureau and offers nursing and health care support for seniors. People who have passed the threshold age of 60 years make up around 8.5% of the total population of India and are referred to as senior citizens. For most senior citizens, this era is rife with financial tension. Old age makes individuals vulnerable to different lifestyle diseases and even more susceptible to daily ailments. The government has developed a variety of schemes and policies in collaboration with several organisations to assist senior citizens with their financial security goals. To enjoy the full benefits, it also relies on the senior citizen knowing about these programmes. Related Information Click Hear - https://bit.ly/3bO4zdb
An Investment insurance plan allows you to build a savings habit so that you enjoy life without any worry. Invest in the best investment plans and secure your financial goals.https://www.bajajallianzlife.com/investment-plans/investment-insurance-plans.jsp
Fixed deposit interest rates are usually higher than the normal savings account rates. Senior citizens are often more concerned about their fixed deposit rates as they have a limited time left in their lives. STFC providing an 8.40% interest rate for customers & an additional 0.50% interest rate for senior citizens. To know more, visit the STFC official website https://www.stfc.in/fixed-deposit/calculator/
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We unite the perfect individuals to challenge set up reasoning and drive transformation. We will show the best approach to progressive. We enhance methodically, constantly and effectively. We will likely assistance business visionaries transform their own thoughts and dreams into effective organizations, and have figured out how to back numerous examples of overcoming adversity up until now. Our thoughts in your Investment is something other than monetary.
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A term deposit is an investment scheme held at a financial institution wherein your money is invested for an agreed ROI over a fixed amount of time, or term.
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With a senior citizen FD, you can get higher interest rates and earn more to manage your finances after retirement. Read more to know all about the features and benefits of senior citizen FDs.
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A fixed deposit (FD) provides an attractive interest rate of up to 9.20%* per annum, offering additional benefits of 0.50%* per annum for senior citizens and 0.10%* per annum for female depositors. Shriram Finance offers the most competitive FD interest rates in the market.
Save your hard earned money with the best tax savings schemes. Avail dual benefits of tax savings under section 80C, of the income tax act, 1961 on investments & life insurance cover with tax-free returns. https://www.bajajallianzlife.com/save-tax.jsp
Save your hard earned money with the best tax savings schemes. Avail dual benefits of Tax saving investments under section 80C, of the income tax act, 1961 on investments & life insurance cover with tax-free returns.
Deductions allowed under the income tax act help you reduce your taxable income. You can avail of these deductions only if you have made tax-saving investments or incurred eligible expenses. 1.Equity Linked Savings Scheme 2.House Rent Allowance 3.Tuition Fees or Child’s education fee
The GOI Bonds, also known as the RBI Floating Rate Savings Bonds 2020 (Taxable), now provide a taxable interest rate of 7.35% over seven-year duration. Because the interest rate on these bonds is based on the NSC rate, they are known as floating-rate bonds. These variable rate bonds will continue to earn a higher ROI of 0.35% than the current NSC rate in compliance with the scheme criteria that were published on June 26, 2020.
Get up to 8.50% returns on your Recurring Deposit account. A recurring deposit can help you save money and also gives your good returns on your savings.
The Government of India had introduced LIC Varishtha Pension Bima Yojana in 2014. This pension scheme is for the people of 60 years or above. View the Slide for getting more details and benefits of this pension scheme.
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alue Linked Saving Schemes (ELSS) or expense sparing shared store plots as they are also called, are a famous assessment sparing venture. The significant purpose behind this prominence has been the presentation of Section 80C of the Income Tax Act, from April 1, 2005.
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Investment plans offer not only life insurance cover but also a growth of your investments to help you achieve your financial goals. https://www.bajajallianzlife.com/investment-plans/investment-insurance-plans.jsp
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There are plenty of investment options available which would help you in tax saving plans. Considering the current market scenario and the rate of returns, we have listed out a few options which can be a boon if your objective is tax saving and at the same time get good returns on your investments.
This is another retirement designing possibility at your disposal. Initially, you would like to speculate an everyday quantity towards a concept, and after you retire, you get a set quantity as pension. Also, investment in pension plans qualifies for tax write-off below section 80C of the revenue enhancement Act, 1961.
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