2011年5月17日星期二

Discount Rosetta Stone Some banks offer senior citizens 1% additional on fixed deposits

Financial uncertainty is something that you have to deal Rosetta Stone
on your own. However, you being dependent on DSS, the funds needed to resolve the crisis are not available with you. Besides, even if you want to source the funds through other viable means, it might turn out to be an uphill task. However, there is nothing much to be worried about, as you can rely upon the provision of loans for people on DSS. By availing these loans, you will be in a position to instantly access the cash needed, without having any second thoughts. Loans for disabled are quite easy to obtain and can be found with most of the lenders, present in the traditional market as well as those based online. In context of these loans, you are not required to pledge any collateral, while deriving it. This is because the funds are generally made available for a short term period. In addition to these, the loans being released to lenders without checking the credit history, do make it viable for applicants having problems pertaining to CCJs, IVA, arrears and defaults to acquire the funds. Further, to get the approval of the desired funds, you do need to fulfill certain preconditions, as stated by the lender. They are as follows:--Must have attained the mandatory age 18 years-Should be a citizen of UK -A valid bank account with a minimum deposit of £500-Need to be on DSS benefits for the past 6 monthsIt is only by meeting these preconditions that you will get to avail funds Rosetta Stone Spanish
in the range of £50-£1000. The amount released is made available to you against suitable terms and conditions. Besides, the repayment tenure for the loans too is very much flexible. If you are indeed looking forward to acquire these loans instantly and that without undergoing any complicated procedure, then you can certainly make use of the online provision. It is quick and provides access to optimal offers. By availing loans for people on DSS, you will get to acquire the funds instantly and that too against suitable terms.
Senior citizens are smiling all the way to their banks. While banks have traditionally offered them 0.25-0.5% higher rates on fixed deposits compared with that to ordinary investors, now some banks are offering senior citizens almost 1% more. There's a good reason for this spoiling.Senior citizens have a bulk of their investments in fixed deposits, which makes them prized customers for banks. "Senior citizens have traditionally been the most active investors in fixed deposits. So, the banking industry has always focused on generating deposits from them," says a spokesperson of Axis Bank . This bank offers those above 60 years an interest rate of 10.25% on deposits of 15-18 months. Ordinary investors earn 9.25%Other banks are not far behind. Even public-sector banks , which don't market their rates aggressively, are tom-tomming higher rates for the grey population. "Our rates were below 10%, but with our competitors Cheap Rosetta Stone Spanish
advertising over 10% rates, nobody would have come to us if we hadn't matched this figure. So, we decided to give more than 0.5% for certain tenures," says a senior official of a public-sector bank.The higher rates coincide with the lowering of age limit for the senior citizen category of taxpayers in this year's budget. From 1 April, anybody above 60 years will be considered a senior citizen for tax purposes compared to 65 years earlier. The tax exemption for this category is Rs 2.5 lakh. The budget has also introduced a new category of very senior citizens, those above 80 years. The tax exemption for them is Rs 5 lakh a year.

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