Understanding The Senior Citizen Savings Scheme? And How Does It Work?

SCSS, also known as Senior Citizen Savings Scheme, is a government-sponsored savings programme for people over the age of 60. The Indian government introduced this programme in 2004 to provide older people with a stable and secure source of income for their retirement.

It is one of the most lucrative savings programmes in India and offers its subscribers comparatively high returns. Moreover, since it is a government-sponsored programme, the risk of capital loss is negligible.

https://www.jaagrukbharat.com/Understanding-The-Senior-Citizen-Savings-Scheme-And-How-Does-It-Work-Nzkz

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