What is Senior Citizen Saving Scheme

The Senior Citizens Savings Scheme (SCSS) is the best saving scheme in India for senior citizens. SCSS is a government-backed savings instrument offered to citizens of India who are above 60 years in age.

The best part of the SCSS scheme is that it offers a regular stream of income with highest security against volatility and tax saving benefits.

So if you have been pondering upon which scheme is best for senior citizens? The Senior Citizens Savings Scheme has to be your apt choice of investment for the people in senior age group.