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. This scheme has been started especially for senior citizens. If you have recently retired and want to invest your retirement money in a good place. In such a situation, the Post Office Senior Citizen Savings Scheme can prove to be a good option for you. At present, you are getting an interest rate of 8.2 percent by investing in the Post Office Senior Citizen Savings Scheme. Not only this, by investing in this scheme you also get many great benefits. This scheme has been specially designed keeping in mind the interests of the elderly. Let us know about it in detail in this episode -
Only those people who are 60 years of age or above can invest in the Senior Citizen Savings Scheme. There are a few things you need to know before investing in the Senior Citizens Savings Scheme.
You can invest a minimum of Rs 1,000 in Senior Citizen Savings Scheme. A maximum of Rs 30 lakh can be invested in this scheme.
You can invest in the Post Office Senior Citizen Savings Scheme for a maximum of 5 years. However, you can extend your investment tenure even further by three years.
By investing in this post office scheme, you also get income tax benefits. In this, you get a benefit of Rs 1.5 lakh under Income Tax Act 80C. You can easily open your account under this scheme by going to the nearest post office.
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