Senior Citizen Savings Scheme (SCSS), 2004
Senior Citizen Saving Scheme (SCSS) is a “Government Initiative” in line with Government Savings Banks Act, 1873. It comes under “small savings scheme” which became live for public from 2-Aug-2004. Considering that SCSS is a “central government” initiative, the investment made here is highly secure. This is one of the reason which makes it a…