29 May, 2019
Mint conducted a Q&A with Aradhana discussing the applicability of the Senior Citizen Savings Scheme (SCSS) in situations such as the passing away of a member, refund of the deposit and the interest rate applicable.
The Q&A emphasises on the importance of verifying the terms of different schemes to know whether the interest rates that are to be paid to the depositor/nominee out of the SCSS account is fixed interest rate or floating rate of interest depending on SCSS Maturity Period.
For further information, please contact:
Aradhana Bhansali, Partner, Rajani Associates
aradhana@rajaniassociates.net
