1. Clear your browser's cache and cookies for Seniority.in
This should fix any common caching issues. To do this, you would just need to search online for the directions for your browser for deleting cookies from specific sites; for example, these are the directions for clearing in Google Chrome browser.
2. Log in from an incognito window or another browser.
If you are able to log in using one of these methods successfully, you may need to clear cookies for the browser you have used previously. For example, if you originally tried logging in with Safari, try Google Chrome.
For any queries : Call @ +91 87502 39239 (9AM to 9PM) or Email: email@example.com
Elderlies are a treasure of knowledge and experience for the youngsters as well as the economy at large. As life expectancy improves, the geriatric population in India is expected to witness a boom. According to statistics, by 2050, the elderly population will account for around a quarter of the total population. Savings play a crucial role in such situations.
Dealing with medical expenses becomes difficult as income might dwindle during retirement. As your age advances, susceptibility to various ailments increases, which in turn increases the need for a steady flow of income to cover the expenses for treatment as well as prevention. The government of India has launched various schemes in favour of senior citizens to protect their rights and maintain good health.
Some of the top government schemes for senior citizens in India are listed below –
This is one of the most popular senior citizen pension schemes in India. Designed for senior citizens above 60 years of age, the policy term of this Prime Minister Senior Citizen Scheme extends to ten years. The pensioner can choose the frequency of the payment - monthly/quarterly/half-yearly/annually. You can earn interest of 8% per annum over this scheme. The minimum and maximum capping of pension are Rs. 3,000 per month and 10,000 per month, respectively.
Specially intended for older adults above the age of 60 years, who fall below the poverty line, according to the guidelines prescribed by the Government of India. The IGNOAPS assists with money up to 200 p.m., and 500 p.m., for people between 60 and 79 years and above 80 years, respectively.
Introduced in 2010, this scheme concentrates on preventive as well as promotive care for the maintenance of overall health. This program was launched to address the health issues faced by seniors. The district-level objectives include providing dedicated health facilities in district hospitals, community health centres (CHC), primary health centres (PHC), and sub-centres (SC) levels through State Health Society. These facilities maybe free or highly subsidized.
This policy aids seniors by covering the cost of medicines, blood, ambulance charges, and other diagnosis related charges. Designed for senior citizens between the age of 60 and 80 years, this helps meet the health-related expenses of senior citizens. Moreover, income tax benefits are allowed for payment of premium under Section 80D. Although the policy period is for one year, you can extend the renewal up to the age of 90 years.
This scheme provides physical aids and assisted-living devices for older adults above 60 years of age that belong to the BPL (below the poverty line) category. So, if senior citizens wish to avail this, then they must have a BPL card. This is a Central Sector Scheme and is entirely funded by the Central Government.
This pension scheme, launched by the Ministry of Finance, is for senior citizens above 60 years. The LIC of India has the authority to operate this scheme. You don’t need to get any medical check-ups done to avail this policy. It offers assured pension with a guaranteed interest rate of 8% per annum for up to 10 years – you can opt for monthly, quarterly, half-yearly, and yearly pension – depends on how you’d like to receive it.
Launched by the Ministry of Social Justice and Empowerment, this fund includes unclaimed amounts from small savings and savings accounts in the Central government schemes. It aims to make seniors financially stable for their overall welfare and health care.
This scheme focuses on those seniors who have made significant contributions in their disciplines and recognizes their efforts. It was upgraded to the National Award in 2013, and since then, awards have been granted under thirteen categories.
This scheme was launched in 2007 by the Ministry of Finance to benefit senior citizens. They can mortgage their residential property against a loan of 60% of the value of the house, with a minimum tenure of 10 years.
This scheme was launched in 2018 by the Ministry of Health and Family Welfare for covering up to 10 crore people belonging to poor and vulnerable families. Under this scheme, coverage of up to Rs. 5 lakhs per family for secondary and tertiary hospitalization is provided.
With a broad spectrum of schemes launched by the Government of India, benefitting senior citizens belonging to various classes, planning for your health, and other related expenses has become easier. Willing to shed some light over other schemes that have benefitted you? Please let us know in the comment section below!
Credit Cards for Senior Citizens in India – Eligibility, Challenges & Popular Options
Important Financial To-Dos for Senior Citizens
Share this now :
Be a part of our evergreen community by joining us on our social media channels. Your presence will only help us grow bigger and serve you better. Stay in touch and interact with us on the channels below