Post Office Scheme: Good returns with secured investment, Know about senior citizen scheme in detail

The Senior Citizens' Savings Scheme (SCSS) is introduced by government that helps senior citizens to save money for their retirement and receive quarterly interest payments. Senior citizens can create this account at any bank or post office singly or jointly with their spouse. It has a 5-year maturity period that can be extended up to 3 more years (5+3= 8 years).