Senior Citizen Savings Scheme (SCSS)

Senior Citizen Savings Scheme (SCSS) This scheme is ensuring social security for elderly well to do senior citizens since 2004. This scheme was first introduced by government of India to deliver it via post offices. Interest Rate: 8.2 % per annum Deposit : one time lump sum Minimum Subscription amount: 1000/- Maximum: in multiple of 1000/- up to 30 lakh.

Post Office Savings Account(SB)

Post offices in India offering banking services since 1882, after establishment of The Post Office Savings Bank of India (POSB) in 1882.earlier post office savings bank account passbook entry where manual with typical post office date stamping method what we used to see in postal stamp above our postal delivery envelops.Now, it is modernised with e-passbook, m-passbook, printed passbook, online st