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Fixed Returns, Zero Risks & Worries
4 Plan Options Life cover + Guaranteed benefits Accidental death benefit Premium protection cover
Fixed Returns, Zero Risks & Worries
4 Plan Options Life cover + Guaranteed benefits Accidental death benefit Premium protection cover
Popular Searches
National Savings Certificate Tax Saving Plans Senior Citizen Savings Scheme Calculator NPS and PPF Savings & Investment Plans Saving Schemes Save Money For Salaried Professionals One time Investment Plan for Child
Popular Searches
National Savings Certificate Tax Saving Plans Senior Citizen Savings Scheme Calculator NPS and PPF Savings & Investment Plans Saving Schemes Save Money For Salaried Professionals One time Investment Plan for Child
Popular Searches
Investment Options for an NRI All About PPF Sum Assured Policy Surrender Value Guaranteed Savings Plan
Popular Searches
Investment Options for an NRI All About PPF Sum Assured Policy Surrender Value Guaranteed Savings Plan
Savings and Investment Plans from Canara HSBC Life Insurance
We bring you a collection of popular Canara HSBC life insurance plans. Forget the dusty brochures and endless offline visits! Dive into the features of our top-selling online insurance plans and buy the one that meets your goals and requirements. You and your wallet will be thankful in the future as we brighten up your financial future with these plans.
Savings and Investment Plans from Canara HSBC Life Insurance
We bring you a collection of popular Canara HSBC life insurance plans. Forget the dusty brochures and endless offline visits! Dive into the features of our top-selling online insurance plans and buy the one that meets your goals and requirements. You and your wallet will be thankful in the future as we brighten up your financial future with these plans.
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Senior Citizen Saving Scheme Post Office Savings Scheme What is Sum Assured? Money Saving Tips Saving Plans for Child Endowment Policy iSelect Guaranteed Future Plus Plan
Popular Searches
Senior Citizen Saving Scheme Post Office Savings Scheme What is Sum Assured? Money Saving Tips Saving Plans for Child Endowment Policy iSelect Guaranteed Future Plus Plan
Save, Dream, Plan. Live Peacefully
Guaranteed Maturity Benefit Tax Benefits
Save, Dream, Plan. Live Peacefully
Guaranteed Maturity Benefit
Present Saving Investment Plans
Senior Citizen Saving Scheme – As part of the saving-investment plan, SCSS is a plan funded by the Government of India as a savings option for residents of the country over the age of 60. From the day an account is opened, and once the initial deposit has been made in a bank, it takes five years to grow and mature. However, this can only be extended once for another three years. From April till June 2020, the Senior Citizen Savings Scheme had an interest rate set at 7.4%. This was then considered the highest interest rate among the many small savings schemes within the country. To make matters even easier, this scheme is available to private and public banks and India Post Offices.
Low Risk Savings and Investment Plan
Senior Citizen Saving Scheme: The Senior Citizen Saving Scheme is one of the best investment plans for a retired person. The scheme is designed for senior citizens and can be accessed through banks or post offices by anyone over 60 years of age. The tenure of this investment plan is 5 years and can be extended up to 3 years on maturity. The maximum amount you can invest in the scheme is ₹15 lakh. The interest is paid to you quarterly, and it is taxable. The interest rate change is revised every 3 to 6 months. The rate at which you buy the policy will remain the same during the tenure of your policy, even if the rate changes happen later. Senior citizens can claim a tax deduction of up to ₹50,000 under Section 80TTB on the earned interest from the scheme.