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Financial Planner - Answered on Feb 16, 2023

Sunil Lala founded SL Wealth, a company that offers life and non-life insurance, mutual fund and asset allocation advice, in 2005. A certified financial planner, he has three decades of domain experience. His expertise includes designing goal-specific financial plans and creating investment awareness. He has been a registered member of the Financial Planning Standards Board since 2009.... more
Raghunadh Question by Raghunadh on Feb 06, 2023Hindi
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I have already invested 15lacs in SCSS with 7.4% interest rate. Can I convert it to 8% interest rate? Can I invest another 16lacs in the sane scheme?

Ans: No you cannot convert to 8 % however you can add further 15 Lakh
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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