Post Office Schemes: Today everyone wants to live their life in the best way. In such a situation, if you want to get monthly income, then a scheme of the post office can prove to be a boon for you. Actually we are talking about the Post Office Senior Citizen Savings Scheme, under this scheme, if you invest in time, then its money will become your support in the coming time.
Through this article, we will tell you how the elderly can invest. In how many days do investors get its benefits. Post Office Senior Citizen Savings Scheme is a small savings scheme which is being run by the government.
Details of Senior Citizen Saving Scheme
Senior Citizen Scheme has been specially designed for the elderly. Under this scheme, benefits are given only to those people who have retired from their jobs. The special thing about this scheme is that regular income is received even after retirement. SCSS scheme is a guaranteed scheme of the government. You can avail the benefits of this scheme through any certified bank or post office. In this scheme, investors are given benefits at the rate of 8.2 percent.
SCSS Scheme Conditions
Let us tell you that some conditions have been implemented to avail the benefits of SCSS scheme. Let us tell you that people above 60 years of age can avail the benefits of this scheme. On the other hand, those who have taken VRS, then the husband or wife of those employees of the state and central government can get the benefit of SCSS. On the other hand, those who die during duty, they get death benefit. But for this, the condition has been fixed that the age of the investor should be more than 50 years.
Monthly income
How much money does one get by investing in this awesome scheme of post office. In such a situation, if you invest Rs 30 lakh in this scheme, then you will get about 2 lakh 46 thousand rupees every year as interest. On the other hand, if you calculate it on a monthly basis, then you will get 20 thousand 500 rupees every month.