SCSS: ₹17,000 assured monthly returns with ₹25 lakh deposit

The Senior Citizens Savings Scheme offers retirees a secure, government-backed investment with 8.2 per cent annual interest and quarterly payouts. With a five-year tenure, extendable by three years, it allows investments up to Rs 30 lakh. Providing stable income, tax benefits under Section 80C, and capital safety, SCSS remains a reliable pension-like option for financial security post-retirement.