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Source: Live Mint The Senior Citizens Savings Scheme (SCSS) is a government-backed savings initiative tailored for senior citizens to ensure a secure and regular income post-retirement. With guaranteed returns, tax benefits, and a straightforward process, it is one of the most reliable financial tools available for retired individuals in India. This scheme is available through…
Source: Live Mint Alert pensioners, the last date or deadline for submitting your Life Certificate annually is today (November 30). Also known as the ‘Jeewan Pramaan Patra’, all retired state and central government employees are required to submit the document to authorised pension disbursing agencies such as banks, post offices, etc. This enables the pensioners…
Source: Live Mint Indian Bank offers a special fixed deposit (known as IND Super 400 days) that offers upto 8.05 percent for super senior citizens. For the general public, the rate of interest is 7.30 percent and senior citizens are entitled to receive 7.80 percent per annum. IND Supreme 300 days fixed deposit There is…
Source: Live Mint On 29 October, the union government expanded the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) to provide free health insurance to all citizens aged 70 and above, regardless of income. To enrol for the scheme, senior citizens need to generate an Ayushman Vaya Vandana (AVV) Card. While the government has specified…
Source: Live Mint I am a retired bank employee. My total annual income is around 15 lakhs, which is comprised of a pension, LIC annuity, rent on house property, and interest on fixed deposit. I get the advantage of one per cent being ex-staff and half per cent being a senior citizen. I am also…
Source: Business Standard 3 min read Last Updated : Oct 15 2024 | 1:12 PM IST Bank of Baroda (BoB) has launched a special 400-day term deposit scheme that offers an interest rate of 7.9 per cent to super senior citizens for the festival season. Key features of ‘bob Utsav Deposit Scheme’ Click…
Source: Business Standard 4 min read Last Updated : Oct 14 2024 | 10:49 AM IST The Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (PM-JAY) will now extend health insurance coverage of up to Rs 5 lakh annually to all senior citizens aged 70 and above, irrespective of their income status. This initiative raises…
Source: Live Mint The government recently expanded the scope of its free public health insurance scheme, Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY), to include all citizens above age 70 irrespective of their socio-economic status. This comes at a time when health insurance premiums for senior citizens have been soaring. But will it be a…
Source: Business Standard 2 min read Last Updated : Sep 27 2024 | 1:55 PM IST Bank of India (BOI) on Friday launched a 400-day fixed deposit scheme as part of its festive season offerings. Click here to connect with us on WhatsApp The bank is offering an interest rate of 8.10…
Source: Business Standard Health is wealth, and rightly so. If you are not in the best of your health, you will lag behind, in life, work 3 min read Last Updated : Sep 24 2024 | 4:33 PM IST The Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY), the central government’s flagship health insurance…
