Union Budget 2023: Govt doubles deposit limit for Senior Citizen Savings Scheme to Rs 30 lakh

Govt doubles deposit limit for Senior Citizen Savings Scheme to ₹30 lakh

Mahila Samman Savings Certificate, will be made available for a two-year period up to March 2025.

Budget 2023: New deposit scheme for women launched; Limits for senior citizens raised

In the budget for 2023, the Modi government has announced an investment gift for women and senior citizens. Finance Minister Nirmala Sitharaman announces a new deposit scheme for women. called Mahila Samman Bachat Patra, which will be available until March 2025. The scheme will have a tenure of 2 years and offer a fixed rate of interest of 7.5%. The deposit can be made in the name of a woman or a girl child. The senior citizens savings scheme li…

Budget 2023: Nirmala Sitharaman Proposes to Double Limit for Senior Citizen Savings Scheme

FM Nirmala Sitharaman proposed to double the deposit limit for Senior Citizen Savings Scheme to Rs 30 lakh and Monthly Income Account Scheme to Rs 9 lakh.

Union Budget 2023: Govt doubles deposit limit for Senior Citizen Savings Scheme to Rs 30 lakh

Union Finance Minister Nirmala Sitharaman on Wednesday proposed to double the deposit limit for Senior Citizen Savings Scheme to Rs 30 lakh and Monthly Income Account Scheme to Rs 9 lakh.

Govt doubles deposit limit for Senior Citizen Savings Scheme to Rs 30 lakh

Finance Minister Nirmala Sitharaman on Wednesday proposed to double the deposit limit for Senior Citizen Savings Scheme to Rs 30 lakh and Monthly Income Account Scheme to Rs 9 lakh.

Budget 2023: Govt Doubles Deposit Limit for Senior Citizen Savings Scheme to Rs 30 Lakh and Monthly Income Account Scheme to Rs 9 lakh

Announcing a new 'Azadi Ka Amrit Mahotsav Mahila Samman Bachat Patra', Sitharaman said a one-time new small savings scheme, Mahila Samman Savings Certificate, will be made available for a two-year period up to March 2025. Budget 2023: Govt Doubles Deposit Limit for Senior Citizen Savings Scheme to Rs 30 Lakh and Monthly Income Account Scheme to Rs 9 lakh.