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BreakingIndian Banks Report Robust 18.8% Credit Growth in August1/6
Topicin Govt Schemes

Senior Citizen Savings

Latest news, explainers and analysis on Senior Citizen Savings. Tracking 1 stories on Arth Vani.

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Latest on Senior Citizen Savings

SCSS vs Post Office MIS: Where Should You Invest ₹5 Lakh for Better Returns?
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Govt Schemes

SCSS vs Post Office MIS: Where Should You Invest ₹5 Lakh for Better Returns?

Comparing two popular Post Office savings schemes, the Senior Citizens Savings Scheme (SCSS) currently offers a higher interest rate of 8.2% compared to the Monthly Income Scheme (MIS) at 7.4%. For a ₹5 lakh investment, SCSS provides significantly higher quarterly payouts and better tax benefits for eligible investors.

78d ago·1 min readListen
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