If you have recently retired and are planning to invest your retirement money somewhere where you will get excellent returns. In such a situation, this news is especially for you. Today we are going to tell you about a very wonderful scheme of the post office. The name of this post office scheme is Senior Citizen Savings Scheme. The most special thing about this scheme is that by investing in it you will not have to face any kind of market risks. This scheme has been specially designed keeping senior citizens in mind. This is a big reason why this scheme is the first choice of investment for senior citizens. By investing in Senior Citizen Savings Scheme, you are getting many amazing benefits. Let us know about it in detail -
At present, you are getting an interest rate of 8.2 percent on investing in Senior Citizen Savings Scheme. You can invest in this scheme for five years.
In this scheme, you also get the option to extend the investment period. In this scheme, you can invest a minimum of Rs 1 1,000 and a maximum of Rs 30 lakh.
You also get tax benefits in this scheme. By investing in Senior Citizen Savings Scheme, you get a benefit of up to Rs 1.5 lakh under Section 80C of Income Tax.
To open an account in the Senior Citizen Savings Scheme, you must have some documents. This includes documents like Aadhar Cards, Voter ID Cards, Passports, PAN Cards, Senior Citizen Cards, passport-size photos, etc.
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