There are a number of financial products that are available exclusively for Senior Citizens. These are products that are as safe as bank deposits and yet their yield is higher than fixed deposits. During this session, you will learn about schemes like the Senior Citizens Savings Scheme and PM Vaya Vandana Scheme. Senior citizens who have assets but are low on liquidity can avail of Reverse Mortgage Loans that are made available by Banks. Learn also what is meant by 'unfixing' your deposits through overdraft limits.
What is Senior Citizens Savings Scheme?
What is PM Vaya Vandana Yojana.
What is Reverse Mortgage Loan?
How to generate liquidity by availing overdrafts against your fixed deposits.