Tag Archive: Senior Citizen Savings Scheme

Senior Citizen Savings Scheme (SCSS) By Indian Post

Senior Citizen Savings Scheme - infonine.in/blog

Senior Citizen Savings Scheme is a Government Product which offer higher interest rate. The scheme was launched in Year 2004 for the benefit of senior citizens of India. The Tenure of the Senior Citizen Savings Scheme is 5 years from the date of opening of the account. On maturity the amount in the Senior Citizen Savings Scheme can be withdrawn by submitting Application Form E.However the deposit scheme can be extended by 3 years, after submitting the Form B within 1 year from the date of the maturity.