26 Oct 2025 | 5 Mins Read
Choosing the best retirement savings option: SCSS, PMVVY, or bank FDs
Flipitmoney
Eligible seniors prioritize three financial needs: capital safety, predictable payouts, and minimal hassle - SCSS offering 8.2% annual interest, quarterly payouts, and up to three extensions for three years each. - PMVVY providing guaranteed pension for 10 years, but new subscriptions closed in March 2023. - Senior-citizen bank fixed deposits offering flexible tenures and payouts.