Post Office Senior Citizen Savings Scheme: Everyone in our country is focusing on investing nowadays and in such a situation, we are going to tell you about a great scheme of Post Office today. This scheme is being run by the post office for senior citizens, which is called Senior Citizen Savings Scheme. If you have recently retired and want to invest your retirement money in a good place, then this is a good scheme for you.
The Post Office is currently offering 8.2 per cent interest rate on Senior Citizen Savings Scheme. Apart from this, many great offers are also being given to you on investing in the scheme. This scheme has been specially designed keeping in mind the interests of the elderly. Let know about this scheme in detail.
Let us tell you that only those people can invest in Senior Citizen Savings Scheme whose age is 60 years or more. If you want to invest in Senior Citizen Savings Scheme, then you should know some important things.
In the Post Office Senior Citizen Savings Scheme, you can start investing with a minimum of Rs 1000 and a maximum of Rs 30 lakh in this scheme. You can invest in Post Office Senior Citizen Savings Scheme for up to 5 years. If you want to extend it further, you can also extend it for a period of 3 years.
Let us tell you that if you invest in this scheme of the post office, you are given the benefit of income tax. Under this scheme, you get a tax benefit of Rs 1.5 lakh under Section 80C of the Income Tax Act. You can easily open an account in this scheme by going to the nearest post office.