Senior Citizen Savings Scheme: Current Interest Rates and Key Features
Dec 24, 2024, at 01:20 pm
The Senior Citizen Savings Scheme (SCSS) is a popular government-backed savings instrument designed to provide senior citizens with a secure investment avenue and regular income. For those seeking a reliable investment option during their retirement years, SCSS combines safety, attractive interest rates, and tax benefits, making it an ideal choice for financial planning in the golden years. Let us delve into the current interest rates, key features, and why the SCSS is an excellent alternative to fixed deposits (FDs) for senior citizens.
SCSS Scheme: Invest up to Rs 30 Lakh for Maximum Returns
May 18, 2023, at 06:23 pm
As a senior citizen, investing carefully is the key to enjoying your life after retirement. While there are many traditional and modern avenues you can go for, such as the Flexi FD, the Senior Citizen Savings Scheme (SCSS) remains one of the most popular.