Articles tagged under: Senior Citizen Savings Scheme

Senior Citizen Savings Scheme ; Salient Features explained

December 18, 2021
Senior Citizen Savings Scheme ; Salient Features explained

By Namrata Singh, CFP & Chaitali Shah, MA (Economics) Government of India had introduced the Senior Citizens Savings Scheme (SCSS) in 2004 through Post Offices. 17 years after its launch the scheme can now be availed through select branches of nationalised banks and Post offices. ICICI Bank is one of the private players that offers this product. Authorised banks or Post Offices do not provide a platform to open the account online. To open an account one has to visit the nearest bank br...Read More