Senior Citizens Savings Scheme, 2004

• Senior Citizens Savings Scheme (SCSS) is a Government of India Product.
• 9% interest offered to depositors.
• 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 Opening an SCSS Account with ICICI Bank:

• 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).