Senior Citizen Savings Scheme: If you are also a senior citizen and are looking for a good scheme for investment. The Senior Citizen Savings Scheme will prove to be of great use to you.
Investment is a very important thing in everyone's life. It cannot be said at what stage of life you will need money. Therefore, it is important for you to always have a fund. Which comes in handy on such occasions.
Many times your friends or relatives are not able to help you in times of need. And you are dependent on them. Then you may have to face difficulties. Therefore, always keep investing for yourself. So that you can avoid trouble in future.
Many senior citizens also look for a good means of investment. If you are also a senior citizen and are looking for a good scheme for investment. Then this scheme will prove to be of great use to you. In which you will also keep getting money every month.
The name of this scheme is Senior Citizen Saving Scheme. If we talk about it at present, then interest is being given in this scheme at the rate of 8.2%. Any Indian citizen of 60 years or above can take advantage of this scheme.
Through this scheme, you can earn Rs 20,500 every month sitting at home. And for this you do not have to do anything separately. Let us tell you that if you invest Rs 30 lakh in this scheme. So you will get Rs 2,46,000 in a year at an interest of 8.2% per annum.
That is, you will get Rs 20,500 every month sitting at home only as interest. Let us tell you that in this scheme, interest money comes into the account every quarter. This is a completely government guaranteed scheme, in which you also get tax exemption under 80C.
If you want to apply in this scheme, you can go to the post office. Or you can also apply in this scheme by going to your nearest bank branch. This scheme is for 5 years. Which can be extended for 3 years later.
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