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Deposit limit of Senior Citizen Savings Scheme doubled to ₹30 lakh: FM
short by Ananya Goyal / on Wednesday, 1 February, 2023
Finance Minister Nirmala Sitharaman on Wednesday enhanced the maximum amount of money a senior citizen can invest in the Senior Citizen Savings Scheme (SCSS) to ₹30 lakh compared to ₹15 lakh now. She also announced a one-time small saving scheme for women called 'Mahila Samman Saving Certificate'. It will offer 7.5% interest rate for a maximum deposit of ₹2 lakh.
read more at Hindustan Times