Senior Citizen Savings Scheme (SCSS): Eligibility, Interest Rate, Benefits & Calculation Senior Citizens Savings Scheme (SCSS) is a government-backed savings instrument offered to Indian residents aged over 60 years. The deposit matures after 5 years from the date of account opening but can be extended once by an additional 3 years. The SCSS interest rate for January to March 2019 has been set at 8.6%.
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Senior Citizen Savings Scheme (SCSS): Eligibility, Interest Rate, Benefits & Calculation 
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