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Central scheme For Individual

Senior Citizens Saving Scheme

Also known as SCSS

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 associated with SCSS. Individuals can apply for this scheme in post offices and public and private banks.

Check full eligibility, documents and apply on the official myScheme portal

Opens the official page on myscheme.gov.in in a new tab.

Scheme at a glance

Level
Central Government
Ministry / Department
Ministry Of Finance
Applies to
Individual
Applicable states
All States (Central)

Who it is for

States

All States (Central)

Details from the myScheme record

Benefit type: Cash Minority: No Disability: No Residence: Both How to apply: Offline, Online

Tags

Senior CitizenBankingFinance

Where this comes from. This page summarises public data from the official myScheme portal and organises it so you can find schemes quickly. We show the summary and who the scheme is for. We do not publish benefit amounts, detailed eligibility rules or the document checklist here, those live on the official portal and can change. Always confirm the details and apply on the official myScheme page. SchemesForMe is an independent directory and is not a government body.