When it comes to safe and steady investment options in India, Senior Citizen Savings Scheme (SCSS) and Fixed Deposits (FDs) are among the most popular choices. Both cater to investors looking for stable returns, but they are designed for slightly different purposes and audiences. This article delves into the features, benefits, and limitations of SCSS and FDs to help you make an informed decision. Understanding SCSS and FD What is SCSS? The Senior Citizen Savings Scheme (SCSS) is a government-backed savings initiative aimed specifically at senior citizens aged 60 and…
Comparing SCSS and FD: Which is a Better Investment Option in India?
