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SBI Senior Citizen special FD scheme vs Post Office Senior Citizen Savings Scheme

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📅 Last Date: 14-05-2023

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Senior Citizens Savings Scheme (SCSS) is a government-backed savings instrument
SBI Senior Citizen special FD scheme is applicable till 31st March 2021
Senior citizens expect to secure their lives post-retirement. They expect their investment to provide a regular income. Bank fixed deposits (FDs) and Senior Citizen Savings Scheme (SCSS) are excellent investment options for them keeping in view the long-term factor offering security with other additional benefits. Recently, country's top lender State Bank of India (SBI) announced the extension of SBI 'WECARE' Senior Citizens' Term Deposit scheme for senior citizens.