Senior Citizen Savings Scheme

• 9% interest per annum payable quarterly.
• Minimum Deposit: Rs 1000 and multiples thereof.
• Maximum Limit : 15 Lakhs.
• The scheme is for 5 years and can be extended for a further period of 3 years.
• Premature closure facility is available after 1 year with nominal penelaty.
• Risk free investment.

• Individual aged of 60 years and above can invest.
• Retiring employees aged 55 years and above can invest under scheme.
• No TDS.
• Joint account can be opened with spouse.
• To Apply Senior Citizen Saving Shemes Investment Ask our Experts here .