Senior citizen savings & pension schemes

Ramesh uncle retired from the railways with ₹22 lakh in savings. His son sat with him and compared two options side by side. At 7.05% a year (SBI’s 5-year senior FD rate, as per the bank’s live...

SCSS premature withdrawal penalty is 1% of the deposit after two years, 1.5% between one and two, and all interest inside year one. The 80C bill is bigger.

Your SCSS account is joint. You are the first holder. Your wife is 62. And you are wondering whether she can claim 80TTB on her share of the interest.

If you have a Senior Citizens’ Savings Scheme account, someone will eventually tell you the government now takes 10% of your interest as TDS once it crosses ₹1 lakh. That number is real. It is...

Ramesh is 62, retired in Pune with Rs 25 lakh in hand. His son says "put it in an FD". His friend says "open SCSS, you get 8.2%". He walks into the post office, they hand him Form-1, and he...

Work out what PM-SYM costs at your age, whether you qualify, and when payments start. The contribution chart, the ₹3,000 arithmetic, and an eight-question eligibility check.

Here is a question worth thousands of rupees a year. A Pune couple walks into their bank, each carrying ₹10 lakh to fix in a deposit. He is 58. She is 63. Same bank, same day, same paperwork. Her...

Nomination vs will, joint accounts and legal heirs for SCSS, PMVVY and bank FDs — what actually decides who gets the money, with the document checklists.

A KVP, NSC or RD can be continued by up to three survivors. A PPF, SSY or savings account closes, and the DICGC limit decides when a family needs a court.