Choose your FD scheme: Senior citizen FDs vs SCSS — which can generate better retirement income now?

For retirees seeking a reliable source of post-retirement income, the Senior Citizens' Savings Scheme (SCSS) and senior ...
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How to earn ₹20000 per month using SCSS while getting tax benefits? Explained

Senior Citizens Savings Scheme: Senior citizens in India often end up with little to no income after their retirement, and all their savings get used up quickly if they do not invest wisely. This is ...
Forbes

Senior Citizens Saving Scheme – SCSS May 2026

The Senior Citizens Savings Scheme (SCSS) is a scheme aimed to cater to the post-retirement needs of individuals who have attained the age of 60 years or above or an individual who has retired under ...

Your SCSS account is maturing? Here’s whether you can extend it and what retirees should know

The Senior Citizens Savings Scheme allows post-maturity extension in some cases, but the rules work differently from a normal ...
Mint

SCSS account rules: Who can invest, how much interest you get and what tax applies

The Senior Citizens Savings Scheme (SCSS) is available to resident Indians who meet the prescribed age and retirement conditions. Any individual who is 60 years of age or older can open an SCSS ...
Mint

Bank FD vs SCSS: Which investment gives better returns over 5 years?

Safe investment options such as bank fixed deposits (FDs) and government-backed savings schemes, such as the Senior Citizen Savings Scheme (SCSS) and Sukanya Samriddhi Yojana (SSY), continue to ...