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Senior Citizens Savings Scheme, 2004

  • Scheme Details:

    • 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)