8% LIC Varishtha Pension Bima Yojana 2017 – Approved by Cabinet now

LIC Varishtha Pension Bima Yojana 2017 – Approved by Cabinet now Yesterday, Indian Cabinet ministry has approved relaunch of Varishta Pension Bima Yojana 2017 as part of Government Social security and Financial inclusion scheme for Senior Citizens. Earlier, it was launched on 15th August, 2014 for only 1 year and now it would reopen the same shortly. Varishtha Pension Bima […]

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Indialife First Guaranteed Retirement Plan – Does it really offer 9% returns?

Indialife First Guaranteed Retirement Plan Review Last week, Indialife First has launched Guaranteed Retirement Plan indicating it would provide 9% guaranteed returns. Indialife First is a joint venture between Bank of Baroda & Legal and General (UK). Indialife First Guaranteed Retirement Plan is first pension plan from them. While investors would get tempted and get attracted towards such pension plans […]

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Senior Citizen Saving Scheme – Features, Benefits, Taxation and Opening account

Senior Citizen Saving Scheme – Features, Benefits, Taxation and Opening account – Updated Apr-2020 Among various investment options available for retired individuals, senior citizen saving scheme(SCSS) is an attractive saving scheme. Senior Citizen Saving Scheme offer 7.4% interest rates currently (Period April, May, June-2020). What is Senior Citizen Saving Scheme (SCSS)? Who is eligible to open Senior Citizen Saving Scheme […]

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