Social Welfare & Benefits
Benefits, Concessions & Safety for Citizens 60+
India's senior citizens (60+) get higher bank FD rates (+0.5%), income tax exemption (₹3 lakh), railway concessions, SCSS savings scheme (8.2%), and protection under MWPSC Act 2007. Very senior citizens (80+) get ₹5 lakh exemption.
Apply at district social welfare office or state portal.
Visit bank with Aadhaar and age proof to update status for higher FD rates.
File ITR using senior citizen exemption (₹3 lakh) or super senior (₹5 lakh for 80+).
Invest in PMVVY (LIC) or SCSS at post office/bank for guaranteed 8.2% returns.
File complaint at Maintenance Tribunal if children neglect parents under MWPSC Act 2007.
14567 is the national helpline for senior citizens for information, counseling, and connecting to local resources.
Senior (60–79): ₹3 lakh exemption. Super Senior (80+): ₹5 lakh. Both exempt from advance tax if no business income.
Senior Citizen Savings Scheme: 8.2% interest, 5-year tenure, max ₹30 lakh investment at post offices and banks.
Senior citizen card: Free or nominal fee
14567 (Elder Line) | elderline.gov.in