An individual over 60 years of age can open SCSS account.(Photo: iStock) Senior Citizens Savings Scheme (SCSS) is a government-backed savings instrument offered to individuals aged over 60 years. The ...
Senior Citizen Savings Scheme Interest Calculation: Not everyone in India has access to a fixed monthly pension. However, post-retirement, having a minimum monthly cash flow is important to meet daily ...
Check Bank of Baroda SCSS rules for opening and closing accounts. Representational image Bank of Baroda Senior Citizen Savings Scheme (SCSS) account rules: Senior Citizens can close their SCSS ...
Also Read | Post Office Monthly Income Scheme: How to earn Rs 5,550, Rs 7,400 or Rs 9,250 monthly income by investing in this post office scheme; calculations will surprise you An individual above 60 ...
After retirement, despite the reduction in income, expenses continue. In such a situation, correct financial planning is very important. Therefore, it becomes necessary for senior citizens to invest ...
HDFC Bank has started accepting deposits under the Senior Citizens' Savings Scheme (SCSS), offering an attractive interest rate of 8.2%, the bank said in a release on Mar 17, 2025. SCSS is a ...
Senior citizens, people retiring in the middle of the COVID-19 pandemic or taking early retirement (age above 55 years) would be in search of a safe haven investment that saves on taxes too. Interest ...