Avdhoot Investment» Senior Citizen Schmes in India http://www.avdhootinvestment.com The World of Insurance Investment & Finance. Call us for LIC of India Life Insurance Oriental Insurance Non Life Auto Motor Car Vehicle Personal Accident Health Group Mediclaim Floater Schemes Travel Overseas Home Shop Fire Marine Policy Fixed Deposits Bonds Stock Market updates IPO Mutual Funds etc. Cell: +91-98254 72919. Mon, 30 Jan 2012 18:17:30 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Senior Citizen Savings Scheme http://www.avdhootinvestment.com/senior_citizen_saving_scheme.html http://www.avdhootinvestment.com/senior_citizen_saving_scheme.html#comments Fri, 11 Dec 2009 16:55:24 +0000 admin http://www.avdhootinvestment.com/?p=418 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 Read FAQ’s on Senior Citizen Saving Scheme Click here.

To Apply Invest in Senior Citizen Saving Shemes Planning for Investment Ask our Experts here by Government of India Post Office/ Postal Department New Latest Schemes Interest Rates.

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