Senior Citizens Savings Scheme
Senior Citizens Savings Scheme, 2004
Senior Citizens Savings Scheme Details:
- Senior Citizens Savings Scheme (SCSS) is a Government of India Product.
- Senior Citizen saving scheme,2004 interest rate offered is 9.3% w.e.f . April 1, 2012.
- Since the product is offered by Govt of India, this product is one of the most Safest Investment Option.
- Premature closure of account is possible after one year from the date of opening the account.(Charges applicable).
Advantages of ICICI Banks Senior Citizens Savings Account::
- Large number of Branches.
- Facility of Direct Credit of Interest to ICICI Bank Account.
- In case the investor does not want to avail Direct Credit facility or ECS facility, 4 Post Dated Cheques will be sent to Investor every year.
- Account Statement containing the details of Deposit Balance & transactions.
- Phone Banking Facility (for Queries).