As we invest money in various ways to make life happy, Post Office has come up with many great profitable and saving schemes for its customers. Customers can benefit a lot from this scheme. People of all ages can take advantage of this scheme. If you also want to invest in this scheme of Indian Post, you can get a lot of benefits. Learn about what this plan is all about.
In this scheme of post office, you get an interest rate of 7.4 percent, which means that you can make a huge fund of 14 lakh rupees in just 5 years with simple investment. Such a huge amount can give you huge benefits. And simply investing can grow your fund.
It is more beneficial for you if you are retired and take advantage of Senior Citizen Saving Scheme running in Indian Post. Your lifetime earnings should be invested in a place that is safe and gives high returns.
To open scs account in indian post you can open account if your age is 60 years or above. Apart from this, the people who have taken VRS can also open an account in this post office senior citizen saving scheme.
Tags
Scheme