Budget 2023-24: Govt Hikes Deposit Limit For Senior Citizen Savings Scheme. Check Details Here
The budget announcement comes after the government in January increased the interest rates for SCSS deposits from 7.6 per cent to 8 per cent.

The budget announcement comes after the government in January increased the interest rates for SCSS deposits from 7.6 per cent to 8 per cent.
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Small saving schemes not only help in inculcating the practice of savings but also help in getting regular cash flow post-retirement. So, it's important to choose the right one in sync with your financial goals
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Senior citizens are risk-averse and, therefore, prefer investments that can provide guaranteed income options and returns. Here’s a list of small savings instruments they could choose from for getting guaranteed income in their retirement years