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Nov 26, 2010

SRS Interest Rates

SRS Interest Rates (DBS Bank)

Singapore Savings Account Rates presents SRS interest rates from DBS bank. SRS stands for Supplementary Retirement Scheme account.

SRS interest rates are shown for your information about financial investments in retirement planning in Singapore.

Before you invest money or put cash in retirement-related investments, kindly confirm these SRS interest rates with financial institution.

So what is the best, the highest and the latest SRS interest rate?

The interest rate on balances in the Supplementary Retirement Scheme Account which are not invested is currently 0.100% p.a..

SRS offers attractive tax benefits. These include tax deduction for all contributions made to SRS, subject to the contribution cap; investment gains accumulate tax-free in the SRS; and upon retirement, only 50% of the amount withdrawn will be taxable.

SRS interest rates are definitely subject to change without notice at discretion of the bank.

Thanks for reading Singapore Savings Account Rates, where we bring you the latest and best financial information about selected Singapore savings account rates.

The Team

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