title = "Senior Citizen Schemes and Benefits"

content = """
Banks offer dedicated products and benefits for senior citizens
(typically 60 years and above) to cater to their savings and
income needs.

**FD and RD:** Higher interest rate (e.g. 0.25%–0.50% extra),
special tenure buckets, and quarterly or monthly interest payout
options. Some banks have senior citizen FD schemes with additional
features.

**Savings account:** Lower or nil minimum balance, preferential
queue, and sometimes free demand drafts or chequebooks. Pension
accounts may have zero balance and other benefits.

**Tax:** Higher TDS threshold for interest (e.g. Rs 50,000 per
year). Form 15H can be submitted to avoid TDS if total income
is below taxable limit.

**Pragati Bank:** The retail agent can summarise that senior
citizens get better FD rates and other benefits and direct them
to the branch or website for the full list of schemes and
eligibility.
"""  # noqa: E501

version = "0.0.1"
