Retirement brings with itself several complications and doubts, but there are savings products that are safe and ensure guaranteed retirement income. The Senior Citizen Savings Scheme (SCSS), launched in 2004 is a deposit scheme introduced by the government of India to provide guaranteed returns to senior citizens through a safe investment. This scheme ensures a regular income stream for senior citizens in retirement.

Looking at the current situation of the society, people are more inclined towards separating them in the later stages of life when they don’t even have the back support of money. To cater this problem majorly for senior citizens, we, at Awsar Nidhi have introduced an exclusive plan called Senior Citizen Savings scheme which is a term deposit plan for senior citizens to cater all their needs in their “golden” sphere of life.