Post Office SCSS Scheme: Nowadays, everyone makes a small investment to ensure a brighter future for themselves and their families. The primary reason for this is to easily overcome any future challenges. The Post Office is running a remarkable scheme. By investing in this scheme, you can secure your family’s future. Investing in this scheme can earn ₹20,500 per month.
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We are talking about the Post Office Senior Citizen Scheme. Under this scheme, residents of the country over 60 years of age can open an account. Regular investments in this scheme generate a monthly income of over ₹20,000. Let’s learn more about this scheme.
This percentage of interest is earned.
For your information, this Post Office scheme offers a good interest rate. Investors are offered an interest rate of 8.2%. This interest rate is higher than bank interest rates. Additionally, the scheme offers tax exemption under Section 80C on investments of ₹1.5 lakh.
Learn ₹2.46 lakh worth of interest from your home.
For information, if you invest ₹30 lakh in one lump sum, you will earn ₹2.46 lakh worth of interest at an interest rate of 8.2%. This means you will receive ₹20,500 monthly. This scheme matures in 5 years.
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Documents for opening a Post Office Scheme
If you wish to open an account under the Post Office Senior Citizen Scheme, you can do so by visiting a nearby post office or bank. Documents required to open an account include an identity card, PAN card, voter ID card, Aadhaar card, proof of address, caste certificate, birth certificate, and other documents.
