Post Office Senior Citizen Savings Scheme: What is interest rate for April-June 2025 quarter?
Image Source : PixabayThe Senior Citizen Savings Scheme (SCSS) is offered by India Post and authorised banks.
Image Source : PixabayThe scheme is popular with senior citizens because it provides them with a regular income.
Image Source : PixabayThis is because retirees usually look for a stable return that can offer financial security.
Image Source : PixabayThe government revises interest rates on a quarterly basis. However, the interest rate for the April-June 2025 quarter has been kept unchanged.
Image Source : PixabayInvestors in SCSS will get 8.2 per cent interest per annum on their deposits.
Image Source : PixabayThe interest is fully taxable and due and paid each quarter.
Image Source : PixabayThe account can be opened with a minimum deposit of Rs 1,000 and in multiples of Rs 1,000 thereafter.
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