Senior Citizen Saving Scheme Calculator: If you want a good return on investment, this news can be very special for you.
Interest is being received at 8.
2 per cent on the Senior Citizen Saving Scheme.
If we talk about investment in this scheme, you can invest from Rs 15 lakh to Rs 30 lakh in the Senior Citizen Saving Scheme.
Due to the increase in maximum investment limit and interest rate, senior citizen’s income in the form of monthly interest doubles.
Tax benefits is availableThe government revises the interest every quarter in the Senior Citizen Saving Scheme.
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