Outlook Money
It is issued to seniors above 60 to help them enrol in government welfare schemes.
Seniors can apply for the card via state government websites or at state "sewa kendras" by filling out a form.
The card acts as an identity card, eliminating the need to show an Aadhar card or PAN Card to avail of benefits.
Seniors can subscribe to various welfare schemes and investing tools using this card to avail of benefits like higher interest on FDs, etc.
By confirming their identity through this card, seniors can avail of various tax benefits reserved for them.
Using the card, they can also avail of travel discounts on railways and airlines.
Government hospitals provide discounts to senior citizens, who can easily avail of the benefits by producing this card.
Those who don't have the financial means to sustain themselves can avail of old-age home services by showing the card.
Compiled By Himani Verma