Senior Citizens Savings Scheme, 2004

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).