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Q.

Can a senior citizen invest 15 lacs each in SCSS and in PMVVY?

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The PMVVY and SCSS programmes are open to retirees 60 years of age or older. You can invest up to Rs 15 lakh in each plan as the maximum amount. But don’t get confused between them, they are different from one another.

Invest your hard-earned money in properties with NoBroker for better future returns. Opt for NoBroker buyer plans to get the best deals on the properties. Read More: Can a senior citizen invest in both SCSS and PMVVY? Who is eligible for SCSS? Is interest in PMVVY taxable?
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