The senior years are the ideal time for recreational activities. This feature shares with you the offers and concessions you can avail at PVR Cinemas and DDA Clubs. Also, get to know how you can earn higher interest rates with the Senior Citizen Fixed Deposit!
1. PVR schemes for movies:
Seniors can leisurely watch movies in an environment suited for them at PVR cinemas on all shows before 1 pm on Mondays. A chaperone will be at your service thus you need not stand in queues for purchasing tickets. In addition to that, there are reserved aisle seats and service on seat facility. A complimentary drink is also included. This scheme is valid for people above the age of 60 years and it can be availed in selected PVR theatres in Delhi and Mumbai by presenting a proof of age.
2. DDA sports clubs concession:
Seniors above the age of 60 are given 20% concession in entry fee and 40 % concession in monthly subscription in all DDA sports clubs. They need to pay only Rs 2000/- entry fee and Rs 90/- for a monthly subscription.
3. Senior Citizen Fixed Deposit:
The Senior Citizen Fixed Deposit creates a space for the money to grow at a steady pace. The deposit offers special interest rates which are higher as compared to the regular fixed deposit schemes. The interest on deposits can be turned into monthly incomes and can also be used to claim deduction under section 80C of the Income Tax, Act 1969.
To open a senior citizen fixed deposit one needs to be above the age of 60 years and has to be an Indian resident. NRI senior citizens can also open these FDs through NRE or NRO accounts.