Senior citizens often weigh between the government-backed Senior Citizen Savings Scheme (SCSS) and bank fixed deposits (FDs) to secure their retirement income. While both offer safety and steady ...

SCSS vs Mutual Funds: While SCSS is undoubtedly one of the safest investment avenues for senior citizens, those who want to take some risks may explore mutual fund investments.

While the maximum investment allowed under both the schemes – PMVVY and SCSS – is Rs 15 lakh individually, the duration of the scheme is different for each of them. Difference between PMVVY, SCSS ...

Senior Citizens Savings Scheme (SCSS) is a safe and reliable option for senior citizens. This government scheme offers guaranteed returns and is suitable for building a retirement fund. With an ...

The Senior Citizens Savings Scheme (SCSS) is a secure and government-backed investment plan designed for senior citizens. With an interest rate of 8.2% for the current quarter, it offers ...