Senior Citizen Savings Scheme: Everything You Need to Know

Senior Citizen Savings Scheme: Everything You Need to Know

  In 2004, the Indian government introduced the Senior Citizen Saving Scheme (SCSS), with the goal of providing senior individuals with a regular source of income. Senior citizens have found the scheme to be an appealing investment alternative. The plan generates a steady stream of fixed-income revenue. Who is eligible to open an SCSS Account? A person who is over […]

Everything you need to know Post Office Monthly Income Scheme?

Everything you need to know Post Office Monthly Income Scheme?

The Department of Posts, which is part of the Ministry of Communication, has been providing banking and remittance services to Indian citizens through the network of post offices set up across the country. The post office saving schemes are one of the most sought-after services among the banking and remittance services offered by these post offices. One such popular savings […]

NSC vs. KVP – Which Saving Scheme is better for you?

NSC vs. KVP – Which Saving Scheme is better for you?

NSC and KVP are two investment schemes that have gained a lot of popularity in recent times. Amongst the several saving schemes offered by the post office, National Saving Certificate (NSC) & Kisan Vikash Patra (KVP) are the two of the most popular schemes offering a good rate of return. These schemes have managed to catch the attention of investors […]