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Understanding What are the risks of the Senior Citizen Savings Scheme?

While the Senior Citizen Savings Scheme (SCSS) is a popular, government-backed fixed-income option for Indian retirees, it is not without drawbacks. A staggering risk for many seniors is the erosion of purchasing power due to inflation, which can significantly impact financial security during their golden years. This guide explores what are the risks of the Senior Citizen Savings Scheme to help you make an informed decision.