It is very important to invest your money in the right place after retirement, hence the government is running a savings scheme for the elderly. The government provides many facilities for all classes as well as senior citizens through its schemes. The most important thing after retirement is your own money and such a savings scheme, in which you get the most benefit.
Start investing from Rs 1,000
The Post Office List of Post Office’s favorite schemes in terms of regular income, safe investment and tax benefits also includes the Post Office Senior Citizen Savings Scheme. You can open an account and start investing from a minimum of Rs 1,000! At the same time, the maximum investment limit in this Senior Citizen Savings Scheme has been fixed at Rs 30 lakh. Post Office’s Senior Citizen Savings Scheme (Post Office Senior Citizen Savings Scheme) can prove to be helpful in staying financially rich after retirement. A joint account can be opened with a spouse or a person aged 60 years or older!
Can open an account
People aged 60 years or older can take advantage of this scheme. If you have retired under VRS at the age of 55 to 60 years, then you can also open this account. Retired personnel from defense service can also avail this scheme at the age of 50. You can also open this account with your partner.
How to get returns
As mentioned earlier, an investor in the post office senior citizen saving scheme can start with just Rs 1000 and invest a maximum of Rs 30 lakh! The deposit has been fixed in multiples of one thousand! If this scheme is seen regularly Rs 20,000, then a person who invests Rs 30 lakh according to 8.2 percent interest rate will get an interest of Rs 2.46 lakh annually. If this interest is calculated on a monthly basis in the post office, it is about Rs 20,000 per month.
Utility News Desk !!! It is very important to invest your money in the right place after retirement, hence the government is running a savings scheme for the elderly. The government provides many facilities for all classes as well as senior citizens through its schemes. The most important thing after retirement is your own money and such a savings scheme, in which you get the most benefit.
Start investing from Rs 1,000
The Post Office List of Post Office’s favorite schemes in terms of regular income, safe investment and tax benefits also includes the Post Office Senior Citizen Savings Scheme. You can open an account and start investing from a minimum of Rs 1,000! At the same time, the maximum investment limit in this Senior Citizen Savings Scheme has been fixed at Rs 30 lakh. Post Office’s Senior Citizen Savings Scheme (Post Office Senior Citizen Savings Scheme) can prove to be helpful in staying financially rich after retirement. A joint account can be opened with a spouse or a person aged 60 years or older!
Can open an account
People aged 60 years or older can take advantage of this scheme. If you have retired under VRS at the age of 55 to 60 years, then you can also open this account. Retired personnel from defense service can also avail this scheme at the age of 50. You can also open this account with your partner.
How to get returns
As mentioned earlier, an investor in the post office senior citizen saving scheme can start with just Rs 1000 and invest a maximum of Rs 30 lakh! The deposit has been fixed in multiples of one thousand! If this scheme is seen regularly Rs 20,000, then a person who invests Rs 30 lakh according to 8.2 percent interest rate will get an interest of Rs 2.46 lakh annually. If this interest is calculated on a monthly basis in the post office, it is about Rs 20,000 per month.
