Senior Citizens Saving Scheme

Introduced in 2004 by the Govt. of India, SCSS offers a steady stream of income for individuals over 60 years old. As it is a government-backed scheme, there is minimal risk associ...

Key details

Eligibility (who can apply)

**(*Investment must be made within a month of availing the retirement benefits.)**

How to Apply

  1. **Offline**
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  3. Visit your nearest bank branch or post office and collect the application form.
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  5. Submit the duly filled-up form along with the self-attested copies of the required documents.
  6. **Online**
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  8. One can open an SCSS account online if his/her bank offers this facility.

Frequently Asked Questions

Who is eligible for Senior Citizens Saving Scheme / what is the eligibility?

1. Indian citizens above the age of 60 years 1. Retirees in the age bracket of 55-60 years who have opted for Voluntary Retirement Scheme (VRS) or Superannuation* 1. Retired defense personnel above 50 years and below 60 years of age* **(*Investment must be made within a month of availin...

How to apply online for Senior Citizens Saving Scheme?

**Offline** ol_list list_item Visit your nearest bank branch or post office and collect the application form. list_item Submit the duly filled-up form along with the self-attested copies of the required documents. **Online** paragraph One can open an SCSS account online if his/her bank of...

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Last updated: 02 Jul 2026