Senior Citizen Saving Scheme - Eligibility

  • An investor who has attained the age of 60 years or above
  • An investor who has attained the age of 55 years or more but less than 60 years, and who has availed himself/herself a voluntary retirement scheme (Account has to be opened by such individual within one month of the date of receipt of the retirement benefits)
  • Retired personnel of Defence Services (excluding Civilian Defence Employees) who has attained the age of 50 years and above shall be eligible to subscribe under the scheme.
 

*Account can be jointly held with Spouse only.

 

**NRIs & HUF - are not eligible to invest in SCSS.