The Senior Citizens Savings Scheme (SCSS) is a saving instrument that is offered by the Government of India to Indian citizens aged over 60 years. The deposit in the scheme is matured after 5 years from the date of account opening, and it can be extended once by an additional 3 years. In also addition, the above extension option is currently available just once and the … [Read more...]
SBI extends OTP based ATM withdrawal facility round the clock
From 18th September the country's largest public-sector lender SBI will make an OTP-based cash withdrawal facility operational round the clock at its ATMs for transactions of Rs 10,000 and above. In this year January, the SBI had introduced OTP-based cash withdrawals for above Rs 10,000 between 8 PM to 8 AM via all SBI ATMs. The bank’s managing director (retail and digital … [Read more...]