Senior Citizens Savings Scheme - Features
Rs. 1000 /- and in multiples thereof.
|2.||Maximum Investment||:||Rs. 15 Lacs.|
9.3% p.a. Taxable. TDS is applicable.
|5.||Interest Payment dates||:||
31st March, 30th June, 30th September, 31st December.
|7.||Extension of Account||:||
A depositor can extend the account for a further period of 3 years ( request has to be submitted within one year from maturity ).
|8.||Premature closure of Account||:||
- Upto 1 year – Not allowed
|9.||Mode of Investment||:||
Cash / Cheque / Pay order / DD in the name of “ICICI BANK – A/C 9% S.C.S.S.”
Date of realisation of the cheque / DD / Date of Cash deposit at the Bank.