Today we are going to tell you about a great scheme of post office, which is being run especially for the elderly. This scheme of the post office is named Senior Citizen Savings Scheme. It is often seen that after retirement, the elderly start harassing many types of financial troubles. In such a situation, the money you have received after retirement. You can invest it in the Senior Citizen Savings Scheme of Post Office. You are getting tremendous returns on investing in this scheme of post office. Currently, you are getting an interest rate of 8.2 percent on investment in this scheme, which is higher than the FD rate of many banks. Apart from this, you are also getting many best benefits by investing in this scheme. In this episode, let us know in detail about this scheme-
Investing in the post office senior citizen saving scheme, you will not have to face any kind of market risk. This scheme is completely safe for investment. In this scheme, you can invest a minimum of 1 thousand rupees. At the same time, the maximum investment limit has been fixed at Rs 30 lakh. You also get income tax exemption on investing in this scheme.
You can also get the benefit of tax deduction up to Rs 1.5 lakh under Section 80C of Income Tax. Investing in this scheme, you get a 5 -year lock in period. It is a small savings scheme supported by the central government. Senior citizens can invest their retirement money in this scheme and get good returns on it.
