Type Of Service Provider Consulting Firm Senior Citizens Saving Scheme, Service Type Post Office Saving Scheme Service, Service Mode Online

Only people over the age of 60 years and retired personnel over 55 years are permitted to commit resources into this scheme. This strategy is available at all public sector banks throughout the territory investments must be made offered in increments of rs. 1000 till a maximum of 15 lakhs over a span of time of five years. The deposit made gets an interest of 9 percent on one year after the date of deposit which is computed quarterly. Interest is taxable and is withheld at the point of origin