The Senior Citizens' Savings Scheme (SCSS) offers investment options for individuals aged 60 and above, with quarterly interest payments. It has a five-year maturity period and allows extensions. Here ...
A senior citizen invested Rs 15 lakh in the SCSS account in January 2022 at a 7.4% interest rate. He has been receiving quarterly interest of Rs 27,750 since opening the account and so far he has ...