Open SCSS Online
The tenure of Senior Citizen Savings Scheme (SCSS) Account is five years
The tenure of Senior Citizen Savings Scheme (SCSS) Account is five years. On maturity, the depositor can either withdraw the money by submitting an application in Form E along with the passbook or extend the account by another three years by submitting an application in Form B within one year.
The extension will be from the date of maturity and not from the date of submitting the form. If the depositor doesn't close the account on maturity or ask for an extension within a year, the account will be treated as closed.
However, the maturity amount will earn interest rate applicable on post office saving account. If you want to open a new account with the maturity amount after eight years, you are free to do so.
-----------------------------------------------
Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds
Top 10 Tax Saver Mutual Funds to invest in India for 2016
Best 10 ELSS Mutual Funds in india for 2016
1. BNP Paribas Long Term Equity Fund
2. Axis Tax Saver Fund
3. Franklin India TaxShield
4. ICICI Prudential Long Term Equity Fund
5. IDFC Tax Advantage (ELSS) Fund
6. Birla Sun Life Tax Relief 96
7. DSP BlackRock Tax Saver Fund
8. Reliance Tax Saver (ELSS) Fund
9. Religare Tax Plan
10. Birla Sun Life Tax Plan
Invest in Best Performing 2016 Tax Saver Mutual Funds Online
Invest Online
Download Application Forms
For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
---------------------------------------------
Leave your comment with mail ID and we will answer them
OR
You can write to us at
PrajnaCapital [at] Gmail [dot] Com
OR
Leave a missed Call on 94 8300 8300
-----------------------------------------------
