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  1. Business News
  2. About
  3. senior citizens saving scheme

Senior Citizens Saving Scheme

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For most retirees, using a mix of products is often a better approach than relying on just one. SCSS can provide the main source of income.
Senior Citizens’ Savings Scheme (SCSS) maturing in 2026? Here are the best reinvestment options

SCSS maturing in 2026? Explore the best reinvestment options, including SCSS extension, bank FDs, POMIS, and debt funds. Compare returns,…

June 25, 2026 19:10 IST
Whether maturity proceeds should be reinvested in SCSS or invested elsewhere depends on the prevailing SCSS interest rates, along with the financial goals, risk appetite and investment horizon of the senior citizen.
Senior Citizens Savings Scheme (SCSS): How much a couple can earn from a Rs 50 lakh investment?

SCSS continues to be an attractive fixed-income option for senior citizens because of its sovereign backing, predictable returns and high…

June 4, 2026 07:35 IST
When extending SCSS is a bad idea
Senior Citizen Savings Scheme renewal: Attractive 8.2% returns, but extending after 5 years is not a good idea

Senior Citizen Savings Scheme extension may not always be the best option. Understand taxation, liquidity risks, and opportunity costs.

May 22, 2026 18:46 IST
Senior Citizen Tax Relief: Exemption limit may rise to Rs 5 lakh, Zero tax on income up to Rs 10 lakh!
Senior citizen tax relief: Exemption limit may rise to Rs 5 lakh, ZERO tax on income up to Rs 10 lakh under Old Tax Regime!

Budget 2025: The government may raise the basic income tax exemption limit for senior citizens to Rs 5 lakh, potentially…

January 12, 2025 12:42 IST
Senior Citizens Savings Scheme: You can earn Rs 61,500 interest quarterly by investing in this retirement plan
Senior Citizens Savings Scheme: You can earn Rs 61,500 in interest quarterly by investing in this retirement plan – Here’s how

Senior Citizens Savings Scheme (SCSS) account can be opened with a minimum deposit of Rs 1000 in the multiples thereof,…

August 20, 2024 13:50 IST
Good news! Modi Govt hikes interest rates of these small savings schemes – Check details
Good news! Modi Govt hikes interest rates on these small savings schemes – Check details

There is finally some good news for investors as the Modi Government has revised the rates of interest on a…

December 29, 2023 18:53 IST
Post Office SCSS account rules 2023
Post Office Senior Citizen Savings Scheme Account Rules Updated – Check details

Post Office Senior Citizen Savings Scheme (SCSS) rules updated after notification of the enhanced deposit limit

Updated: April 4, 2023 14:54 IST
SCSS interest rate 2023
SCSS Interest Rate and Deposit Limit 2023: Latest Senior Citizen Savings Scheme Details Here

Senior Citizen Savings Scheme (SCSS) Interest Rate and Deposit Limit 2023: The current interest rate on SCSS deposits by senior…

Updated: February 2, 2023 16:09 IST
SCSS interest rate
Senior Citizen Savings Scheme (SCSS) interest rate is rising again – Will it reach 9.3% ATH?

SCSS interest rate had touched an all-time high (ATH) of 9.3% during the four quarters between 01-04-2012 and 31-03-2013.

Updated: December 2, 2022 12:37 IST
Fixed Deposit guarantee
Senior Citizen Fixed Deposit interest rate jumps to 9%: Know how much return is guaranteed

Small Finance Banks (SFBs) generally offer higher interest rates than leading banks like SBI, HDFC Bank, PNB, Bank of Baroda,…

Updated: November 25, 2022 13:34 IST

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