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#1. Senior Citizens' Saving Scheme (SCSS)

Tuesday, April 10, 2018, 6:06 AM

Probably the first choice of most retirees, the Senior Citizens' Saving Scheme (SCSS) is a must-have in their investment portfolios. As the name suggests, the scheme is available only to senior citizens or early retirees. SCSS can be availed from a post office or a bank by anyone above 60. Currently, the interest rate in SCSS is 8.6% per annum, payable quarterly and fully taxable.
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