Is SCSS at 8.2% good for Senior Citizens looking for income and high rates?

The Senior Citizen Savings Scheme (SCSS) interest rates have been increased to 8.2% recently (for the April-June quarter of FY2025-26). More details here. For many Indians investing in debt, 8% is the psychological level at which they wait to get…

LIC Saral Pension Plan (No. 862) | Review of Immediate Annuity Plan + Benefits (2025)

LIC Saral Pension Plan (Table No. 862 - 512N342V04) is a standard immediate annuity plan by LIC, where you need to pay the one-time lumpsum premium and you start getting your annuity income immediately. LIC already has an immediate annuity…

LIC Jeevan Azad (Plan 868) Review & Benefits | Should you Buy (2025)?

LIC’s Jeevan Azad (Table & LIC Plan 868) is a traditional, non-participating, endowment policy by LIC, which offers guaranteed, tax-free maturity proceeds. Should you buy this traditional endowment plan from LIC in 2025? If you want to know more about…

LIC Dhan Varsha (No. 866) | Review of Guaranteed Single Premium Plan (2025)

LIC Dhan Varsha is a Non-Linked, Non-Participating, Individual, Single-Premium, and Guaranteed Life Insurance plan. The policy offers dual benefits of investment as well as life insurance coverage throughout the policy’s term for a single premium. The plan was introduced in…