Here are six disadvantages of investing in a senior citizen savings scheme (SCSS).

The government has introduced key changes to the Senior Citizens Saving Scheme (SCSS), from redefined benefits and subscription timeframe to scheme extension. Learn more.

The Senior Citizens Savings Scheme has crossed Rs 1 lakh crore in collection in the first half of financial year 2023-24. The huge number suggests the support of the people for the scheme, which is currently offering a return of 8.2 per cent per annum

According to the 2011 census, the number of people aged 60 and above in India is expected to reach 178.59 million by 2031 and 300.96 million by 2051

Despite being the safest and one of the highest-paying fixed-income assets, SCSS may not be sufficient for your financial needs. Think of investing in a diversified set of assets to optimise your returns

Find out how seniors can secure a stable and worry-free retirement by unlocking the power of passive income. Here are some smart strategies