1 article tagged SCSS.
Senior citizens (aged 60 and above) get an extra 0.25%–0.75% interest rate on fixed deposits compared to general investors, on top of already competitive bank rates. In June 2026, senior citizens can earn up to 8.6% at small finance banks. This guide compares the best rates, explains the enhanced TDS threshold, Form 15H, Section 80TTB deduction, and whether FDs or SCSS are better for senior income.