Senior Citizen Savings Scheme — Quick Overview
| Scheme Name | SCSS – Senior Citizen Savings Scheme 2026 — 8.2% Interest | ₹30 Lakh Maximum | Post Office |
| Launched By | Government of India |
| Launch Year | 2004 |
| Benefit | 8.2% interest quarterly + Section 80C tax benefit + ₹30 lakh maximum deposit |
| Category | Finance |
| Last Verified | 2 May 2026 |
| Official Portal | https://www.indiapost.gov.in/Financial/Pages/Content/SCSS.aspx |
What is Senior Citizen Savings Scheme?
Senior Citizen Savings Scheme (SCSS) is a government-backed savings scheme specifically for senior citizens (60+ years) offering the highest guaranteed interest rate among all small savings schemes — 8.2% per annum (paid quarterly). Maximum deposit ₹30 lakh per person. Backed by Government of India, completely safe. Available at all post offices and select banks.
Under this scheme, eligible beneficiaries receive 8.2% interest quarterly + Section 80C tax benefit + ₹30 lakh maximum deposit. The scheme was launched in 2004 and is implemented by the Government of India.
वरिष्ठ नागरिक बचत योजना (SCSS) 60 वर्ष+ के वरिष्ठ नागरिकों के लिए सरकार की सबसे आकर्षक बचत योजना है। 8.2% प्रति वर्ष ब्याज (तिमाही) — सभी small savings schemes में सर्वाधिक। अधिकतम ₹30 लाख। भारत सरकार की गारंटी। सभी डाकघरों और चुनिंदा बैंकों में उपलब्ध।
8.2% तिमाही ब्याज + Section 80C में ₹1.5 लाख तक छूट + ₹30 लाख अधिकतम जमा
Benefits of Senior Citizen Savings Scheme
8.2% interest quarterly + Section 80C tax benefit + ₹30 lakh maximum deposit
Who is Eligible for Senior Citizen Savings Scheme?
- ✓Indian resident aged 60 years or above
- ✓Retired government employees aged 55-60 years (within 1 month of retirement)
- ✓Retired defence personnel aged 50-60 years
- ✓NRIs and HUFs are NOT eligible
- ✓Joint account allowed — but first holder must be 60+
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Documents Required for Senior Citizen Savings Scheme
How to Apply for Senior Citizen Savings Scheme Online?
- 1Visit the official portal at https://www.indiapost.gov.in/Financial/Pages/Content/SCSS.aspx
- 2Click on Apply Now or Register button on the homepage
- 3Enter your Aadhaar-linked mobile number and verify OTP
- 4Fill in the online application form with required details
- 5Upload the required documents including Aadhaar and bank passbook
- 6Review all details and submit the application
- 7Note down the application reference number for future tracking
- 8Wait for verification and approval from the concerned authority
Official Government Portal
Apply directly on the official government website. This is the only authorised portal — never pay anyone to apply on your behalf.
🔗Apply on www.indiapost.gov.in/Financial/Pages/Content/SCSS.aspxFrequently Asked Questions — Senior Citizen Savings Scheme
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