For us, the monthly interest payout from the SCSS is a lifesaver for medicines, so we chose that over the lump sum! But avo, the penalty for closing early is too stiff—we had to break one deposit for an emergency, and they cut three months' interest. And listen maga, the tax part is simple: the interest is fully taxable, so that payout gets smaller, which pinches when you're counting each rupee for the doctor.
#money#career
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