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The Economic Times

Sneha Kulkarni

Rs 2.46 lakh yearly income from SCSS: How senior citizens can earn regular interest income

SCSS Senior Citizen

Senior Citizens Savings Scheme (SCSS) the highest interest-paying small savings schemes specifically designed for senior citizens. It is backed by the central government, making it one of the low-risk investment options for senior citizens.

The government reviews small savings schemes’ interest rates including that of SCSS every quarter. For the April–June 2026 quarter, the government did not revise the interest rate of any small savings scheme, including that of Senior Citizen Savings Scheme (SCSS), in its quarterly review meeting in March 2026.

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