Web Desk. The Central Authorities runs many helpful schemes for the residents of the nation and lots of of them are additionally run for the aged. Certainly one of these schemes is the Senior Residents Financial savings Scheme. In such a state of affairs, as we speak we’ll find out about this scheme and see what advantages it gives.
What’s Senior Citizen Financial savings Scheme?
Senior Citizen Financial savings Scheme has been designed preserving in thoughts the pursuits of the aged. The Authorities of India provides extra curiosity on this scheme than different schemes. On this scheme, cash is invested solely as soon as. The quantity to be deposited on this can vary from one thousand rupees to 30 lakh rupees.
what’s the eligibility
On this, any particular person of 60 years of age or older can open his personal or joint account. Together with this, protection personnel who take voluntary retirement on the age of 55 to 60 years may also avail this profit. For this scheme, you may open your account in financial institution or submit workplace. On this you’ll have to submit 2 passport dimension pictures together with id card, proof of handle and proof of age.
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