Post Office Scheme: People retire after the age of about 55-60 years and look for investment options to secure their future. After retirement, they properly invest their deposits, so that their financial position remains strong. Along with this, they also look for schemes that provide them guaranteed income every month.

In such a situation, today we will tell you about such a scheme of Post Office for Senior Citizens, in which senior citizens can get a fixed income every month by depositing their earnings. We are talking about Senior Citizen Savings Scheme.

Senior Citizen Savings Scheme-

Senior Citizen Savings Scheme is a government scheme run by the Post Office. This scheme has been created only for senior citizens. Under this scheme, senior citizens can earn big money every month by investing. The amount invested in the Senior Citizen Saving Scheme gives a return of 8.2 percent interest rate. At the same time, the maturity period of this scheme is 5 years.

People aged 60 years or above can invest in the Senior Citizen Saving Scheme. Under this scheme, investment can be started with only Rs 1000. The maximum investment limit is up to Rs 30,00,000. This scheme has been created to provide safe and assured income to senior citizens.

Earning of Rs 10,000 every month-
If you invest the entire Rs 15,00,000 in the Senior Citizen Saving Scheme for 5 years, then you will get Rs 10,250 every month as interest only. In such a situation, in 5 years you will get Rs 6,15,000 only as interest.

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