While both schemes are for children and offer financial security, they differ in their purposes.

The senior citizen savings scheme (SCSS) is a secured investment tool for senior citizens offering an 8.2 per cent interest rate on deposits.

Although the Public Provident Fund (PPF) can be operated online, some people may want to transfer their accounts to the city or town where they presently live. Here’s what they can do.

Public Provident Fund (PPF) is a popular guaranteed return scheme for all age groups because of its tax benefits, flexible withdrawals, and a loan facility against the PPF corpus fund

Axis Bank has revised its fixed deposit rates effective July 26, 2023. The maximum rate of interest offered to senior citizens is 7.85 per cent