The Postal Directorate has been issued an order regarding eligibility for opening of Senior Citizen Savings Scheme account in the post office.

Who is eligible to open SCSS account?

An individual who has attained the age of fifty five years and more but less than sixty years, and who has retired on superannuation or otherwise on the date of opening an account under this scheme is eligible to open an account, Subject to the condition that the account is opened by such individual within one month of the date of receipt of retirement benefits and proof of date of disbursal of such retirement benefits along with a certificate from the employer indicat ing the details of retirement on superannuation or otherwise, retirement benefits, employment held and period of such employment with the employer, is attached with the application form.

Who is eligible to open account of senior citizen savings scheme in post office?