evidence: The senior citizen savings scheme (SCSS) is a secured investment tool for senior citizens offering an 8.2 per cent interest rate on deposits. [...] Pradhan Mantri Vaya Vandana Yojana (PMVVY) is a pension scheme providing senior citizens with monthly pensions for up to 10 years. Learn more about its features and benefits. [...] Financial security is crucial for seniors while considering investments, and fixed deposits offer the investment security that seniors look for