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.