Post Office SCSS: Today we will tell you about such an investment, in which if you invest Rs 5 lakh, you will get the entire Rs 2 lakh from interest only. You will get more benefit in this than bank FD.
Post Office Scheme: If you are also planning to invest money in the Post Office, then there is good news for you. Now you don’t need to depend on anyone in your old age. Now you can take advantage of the Post Office Scheme by investing money in the right way. In this investment, you will get the facility of guaranteed returns. Today we will tell you about such an investment, in which by investing Rs 5 lakh, you will get the entire Rs 2 lakh from interest only.
Now getting 8.2 percent interest
Under the Senior Citizen Savings Scheme (SCSS) in the post office scheme, you will get the entire Rs 2 lakh from interest. This is the best scheme of the Central Government, in which investors will get the benefit of tremendous returns by depositing lump sum money. You will get more benefit in this than bank FD. At this time, the savings scheme will get the benefit of interest at the rate of 8.2 percent.
Who will get Rs 2 lakh interest
People above 60 years of age can invest in SCSS. Along with this, those who have taken VRS can also take advantage of it. If you deposit Rs 5 lakh in lump sum, then you will get Rs 10,250 as interest every quarter. Apart from this, Rs 2,05,000 will be received as interest on an annual basis. Let’s check the calculation-
How to get 2 lakh rupees of interest-
>> Lump sum deposit amount – Rs 5 lakh
>> Deposit Period – 5 years
>> Interest rate – 8.2 percent
>> Maturity Amount – Rs 7,05,000
>> Earning from interest – Rs 2,05,000
>> Quarterly Income – Rs 10,250
How to open account
You can open this account in any post office, government bank or private bank. To open this account you have to fill a form. Along with this, you should have 2 passport size photographs. Apart from this, a copy of the identity certificate and other KYC documents will have to be submitted along with the form. In this, you will get the interest money directly in the bank account.
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