Commonly asked Questions on Senior Citizen Scheme | Banking

List of twenty-nine commonly asked questions on senior citizen scheme with answers. Q. 1. What are the salient features of the Senior Citizens Savings Scheme, 2004? Ans. Q. 2. Can a joint account be opened under the scheme with any person? Ans. Joint account under the SCSS, 2004 can be opened only with the spouse [Rule 3 (3)] Q. 3. [...]