Earn 20,000 rupees every month by investing in this scheme of Post Office
News Club (Bureau). All the people who do jobs or business worry about their future and start investing accordingly. After retirement, senior citizens also worry about how they will get pension every month. For this, Senior Citizen Saving Scheme has been started by the post office,
In which after investing, you will get a good amount every month. Now the question must be coming in your mind that how can you invest in this scheme? In this news, we will tell you about this scheme in detail. How to invest in it and after how many days do you get its benefits. Let's know -
What is Senior Citizen Saving Scheme
First of all, for information, let us tell you that SCSS is a government scheme. Which is an investment scheme being run for senior citizens. The purpose of this scheme is to benefit retired senior citizens. Through this, you can get regular money even after retirement.
This scheme is guaranteed by the Government of India. Its benefits can be availed through any certified banks and post offices in India. Senior Citizen Savings Scheme (Citizen Saving Scheme) interest rate for the third quarter (October-December) of FY 2023-24 is 8.2 percent.
Know these conditions before investing -
If you want to take advantage of SCSS, then you have to follow some conditions. Actually, this scheme is only for senior citizens. Whose age should be at least 60 years.
These are the people who have taken Voluntary Retirement Scheme (VRS). According to the rules, now the husband or wife of the state/central government employee who dies during duty can get the benefit of SCSS. They get death compensation or permission to invest. But the condition is that their age should be more than 50 years.
How much money will you get every month
Now the question arises that how much money is returned by investing so much in this scheme. Suppose you have deposited Rs 30 lakh under the Senior Citizen Savings Scheme, then you get an interest of about Rs 2 lakh 46 thousand every year. If we look at it on a monthly basis, then this amount will be Rs 20,500.
First of all, you will have to fill a form to open an account, which will be submitted along with a copy of the KYC documents. Along with the documents, you will have to submit identity card, address proof and age certificate along with 2 passport size photographs. This account can be opened by visiting any nearest post office branch.