Senior Citizens Savings Scheme (SCSS): Interest, Eligibility & Benefits
Senior Citizens’ Savings Scheme (SCSS) is a government-backed retirement savings scheme administered by the National Savings Institute (NSI), Ministry of Finance. The scheme currently offers 8.2% annual interest, paid quarterly, on deposits of up to Rs. 30 lakh. Eligible senior citizens can open an SCSS account through India Post or authorised bank branches across the … Read more