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TOP SAVINGS CHOICE FOR SENIORS!

SCSS gets thumbs up on counts of security, return, tax saving & liquidity!              The Senior Citizens Savings Scheme (SCSS) has opened up a good investment opportunity for Senior Citizens desirous of making a secured investment of upto Rs.15,00,000 earning a reasonable return of 9.30% per annum (9% per annum till 31st March, 2012). With effect from F.Y. 2007-08, SCSS also having been notified as an...

LIFE IN FORWARD GEAR WITH REVERSE MORTGAGE!

Needy Senior Citizens can raise Funds against their House Without any pressure for Sale or concern for Borrowing           Chinubhai Raval, a senior citizen aged 70, is living in his house at Ahmedabad, the present market value of which is Rs.25,00,000. Since their children have neglected them, the Raval couple is all on their own, having scarce financial resources to maintain even a decent livelihood. Their grave...

STAR INVESTMENT FOR SENIORS

Senior Citizens Savings Scheme Scores High On Tests Of Security, Return, Tax Saving & Liquidity A secured investment, offering a reasonable return of 9% per annum (payable on quarterly basis), assuring premature encashment in case of need and enjoying the added benefit of deduction under Section 80C, have made the Senior Citizens Savings Scheme (SCSS) a popular choice of the elderly for catering to their...

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