#scss
Senior citizen FD vs SCSS: Which gives better monthly income after retirement?
Senior citizens can choose between FDs and SCSS for income post-retirement. SCSS often yields higher returns, whereas FDs offer flexibility in contributions and payout structures. Full comparison here.
SCSS account rules: Who can invest, how much interest you get and what tax applies
The Senior Citizens Savings Scheme (SCSS) offers Indian retirees a secure investment with guaranteed returns. Eligible individuals can invest a minimum of ₹1,000, with a maximum limit of ₹30 lakh. The scheme provides attractive quarterly interest payouts an…