Want to Earn ₹82,000 Per Month Without a Hassle? Check This Post Office Scheme

by
Post Office Best Scheme

Whether it is buying a house or a car, these require a large amount of money. All these hobbies cannot be fulfilled with just a monthly salary. So how do you fulfill your dreams? Some people take refuge in mutual funds or SIPs. But today we will talk about a post office scheme, if you keep money there, it can be easy to fulfill your dreams.

If you invest in it for five years, then you can earn more than 82 thousand rupees through interest alone. Let’s know more about this scheme…

This scheme of the post office

The scheme we are talking about is known as the Senior Citizen Savings Scheme (SCSS). In this scheme, you can earn a lot by depositing a lump sum. The Senior Citizen Savings Scheme is a government-sponsored scheme. It is specially designed for senior citizens.

Post Office Scheme

You can become a millionaire by depositing just 5 thousand, this scheme of the post office is a great opportunity

This scheme is for people aged 60 years and above. The minimum investment in this scheme is 1000 rupees and the maximum investment limit is 30 lakh rupees. The tenure of this scheme is 5 years, but you can extend it for another 3 years if you want. Talking about the interest, the interest rate under this scheme is 8.2 percent. Its interest is fixed on a quarterly basis and interest is issued on an annual basis.

Who can open an account?

Any senior citizen of India can open this account. This account can be opened individually or jointly. Retired employees above 55 years and below 60 years can also invest. However, there is a condition that the investment should be made within 1 month of receiving retirement benefits. Apart from this, retired defense personnel above 50 years and below 60 years can also invest under the same conditions.

Related Stories

Latest
Follow on Google