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Senior Citizen Savings Scheme (SCSS) rule change: Multiple 3-year extensions available now; should you opt for it or avoid?

SCSS new rule: A Senior Citizen Savings Scheme (SCSS) pays quarterly interest to the depositors during its tenure of five years. On maturity, the deposited amount is paid back to the SCSS investor. The depositor has the option to extend the scheme by three years. What has changed? Earlier, an SCSS account holder could extend the maturity by only three years. Now, the beneficiary gets the chance to extend the SCSS account multiple times in a block of three years for unlimited times ....

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Senior Citizen Savings Scheme: Get more than Rs 1 lakh monthly income, know SCSS scheme interest rate, other benefits

The SCSS is considered to be a safe and secure investment option for senior citizens. ....

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Senior Citizen Saving Scheme interest rate 2023 scss calculator: senior citizens can open account in hdfc tax, SBI, ICICI, post office with 8.2 per cent rate of interest with several tax benefits.

Senior Citizen Saving Scheme interest rate 2023 scss calculator: senior citizens can open account in hdfc tax, SBI, ICICI, post office with 8.2 per cent rate of interest with several tax benefits., Personal Finance News, Times Now ....

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Senior Citizens Saving Scheme: Interest rate, other changes from April 1, 2023

Small Savings Scheme interest rate: Senior Citizens Saving Scheme interest rate has been raised to 8.20 per cent from existing 8 per cent ....

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How senior citizens can make the most from SCSS scheme from FY23-24?

Senior Citizen Savings Scheme (SCSS) is a government-backed savings scheme in India for senior citizens 60 years of age and up. ....

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