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Home / Finance / Banking / How To Open Senior Citizen Scheme In SBI Online?
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How To Open Senior Citizen Scheme In SBI Online?

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0 2022-08-30T10:01:10+00:00
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With the recent hikes in the prices of almost everything, my father is looking for schemes that can help him to cope up with the situation. We all know that senior citizens schemes provide good interest on the amount saved and that is why we were finding more like them until we came across SCSS. SCSS or Senior Citizens Savings Scheme is a government-sanctioned savings scheme for people of 60 years or more. We tried to find out how to open SCSS account in SBI online but it seems it is not available. One has to visit the bank with some documents and open the account there only. 

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How to open Senior Citizen Scheme in SBI online and what documents will be required?

I asked several people to know how to open the account online but everyone said that no such provision has yet been made. One has to visit the bank with documents like:

  • Form A

  • Identity Proof like Passport/Voter ID/PAN/Aadhar or more

  • Age Proof

  • Passport Size Photographs

One has to visit the bank in person and ask the officials to know the process in more detail. 

I hope this answers how to open SCSS in SBI online or offline.

 

The interest rate of SCSS at present stands at 7.40% so I would personally suggest you to let your senior above 60 years invest in this scheme to get more money as interest than any other normal schemes. 

I hope this answers

how to open SCSS account in SBI online.

  Read More:

Who is eligible for SCSS?

 

Can a senior citizen invest in both SCSS and PMVVY?

Can a senior citizen open PPF account in a bank?

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