Indica
Ask Our Advisor
You can ask our advisor by submitting the form below:

SMART QUOTES

Go
SENIOR CITIZEN SAVING SCHEME


SENIOR CITIZEN SAVING SCHEME



Return: 8.5% payable quarterly

Safety: Very safe as it is backed by Govt.

Liquidity: Locked in for 5yrs but interest paid out every quarter to generate an income stream for the individual

Taxation: Interest is taxable as income at the applicable rate

Best for: Senior Citizens who are looking to save tax as well as keep cash flows intact.

Smart Tip: Put your post retirement savings for maintaining the pre retirement life style.