Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications

Tuesday, November 28, 2017

SENIOR CITIZENS' SAVING SCHEME

    Invest Best Tax Saver Funds Online 


Interest rate: 8.3% Tenure: 5 years

Another bestseller from the Post Office, this scheme gives out regular income to retirees. The tenure of the scheme is five years, which is extendable by another three years. However, there is a `15 lakh overall investment limit per individual. Also, the scheme open only to investors above 60. In some cases, where the investor has opted for voluntary retirement and has not taken up another job, the minimum age is relaxed to 58 years. There is also no age bar for defence personnel. They can invest in the scheme even before 60 as long as they satisfy the other requirements.

Experts say the Senior Citizens' Savings Scheme should be the first option for retirees looking to park their life savings. "It offers assured returns and regular income. These are critical requirements of most retirees. This is what made Faridabad-based retired PSU manager  park `15 lakh of his retirement proceeds in the scheme. The remaining is invested in bank deposits and the Post Office Monthly Income Scheme to earn a monthly income.




Invest Rs 1,50,000 and Save Tax up to Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds. Save Tax Get Rich

For further information contact SaveTaxGetRich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

OR

Call us on 94 8300 8300

No comments:

Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications
Related Posts Plugin for WordPress, Blogger...

Popular Posts