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of <h1>Senior Citizen Savings Scheme Rules Amended: Joint Accounts Allowed, Spouse Can Continue or Close with Form-F Application.</h1> The Senior Citizen Savings Scheme (Amendment) Rules, 2014, issued by the Central Government under the Government Savings Bank Act, 1873, amends the Senior Citizen Savings Scheme Rules, 2004. Effective from its publication date, the amendment introduces provisions for joint accounts or accounts where the spouse is the sole nominee. It allows the spouse to continue the account under the same terms and conditions. If the spouse chooses not to continue the joint account, it must be closed upon submitting an application in Form-F, with the deposit refunded along with interest.
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