Money making scheme - risk free! Just check out the Senior Citizen Savings Scheme now
If you are a senior citizen and are looking for an investment that is risk free and also gives good returns, you must know about this savings scheme. The Senior Citizen Savings Scheme (SCSS) ensures an interest rate of 7.4 per cent per annum. Compare that with the small returns banks are giving nowadays
There shall be only one deposit in the account in multiple of INR.1000/- maximum not exceeding INR 15 lakh. Source: Reuters