Senior Citizen Savings Scheme: Today we are going to tell you about a scheme which can prove to be a profitable deal for you in the future. Let us know about it in detail in the news.
Often we all consider it right to invest in such a place where our life after retirement becomes safe, the government also keeps bringing many plans for this. However, due to lack of information, we are not able to take advantage of these plans. Therefore, today we will tell you about a scheme which can prove to be a profitable deal for you in the future. Higher returns can be taken in this scheme than many other schemes.
Senior citizens can take advantage of the savings scheme
The plan we are talking about is Senior Citizen Saving Scheme. In recent times it is seen that we take plans but are not able to get much returns on it. Due to which one cannot get much benefit. But this scheme gives a return of 8.2 percent. This means that even after retirement, you can get more returns from the bank in this scheme.
Who can invest in this scheme
Senior Citizen Saving Scheme:Â Senior citizens above 60 years of age can take advantage of this scheme. Also, if any citizen has taken VRS then he can also start this scheme with Rs 1000. That is, we can say that no huge amount is required to take advantage of this scheme.
You can invest up to Rs 30 lakh
You can invest up to Rs 30 lakh in this scheme. Earlier its limit was Rs 15 lakh. This scheme matures after 5 years from the date you open the account. That means you can withdraw money after 5 years. If we talk about interest, then interest is paid on quarterly basis.
