Not FD, invest money here! This superhit scheme of the government will give guaranteed income to senior citizens every 3 months

After retirement, the greatest relaxation and biggest concern of life is related to the same thing – money. Putting years of hard earned money in a place where he is completely safe, he also received good interest, and regular income for household expenses.

Often people run towards a fixed deposit (FD) for this need. But do you know that the government, especially for its senior citizens, runs a ‘Super-FD’ scheme that gives more interest than the FD of most banks and in which your money is 100% safe?

The name of the scheme like this ‘boon’ is – Senior Citizen Savings Scheme (SCSS), which you can open in any post office or big government/private bank.

Why is this scheme the biggest support for your old age?

1. More than FD and fixed interest (currently 8.2%)
The biggest feature of this scheme is its great interest rate, which is currently 8.2% per year Is. This rate is locked for 5 years, that is, you do not take any tension of market fluctuations.

2. Pension -like income every three months
This is its biggest advantage. In this scheme, you do not have interest money at the end of the year, but Every three months Get directly into your bank account. It acts exactly like a quarterly pension, which easily meets your small expenses.

3. Your hard earned money 100% safe
This is not a private company’s scheme, but Supported by Government of India Is the plan. This means that your one rupee in it is completely safe and the government itself guarantees it.

4. Tax is also exempted
Whatever money you invest in this scheme, you have a section of income tax on it Rebate up to ₹ 1.5 lakh under 80C It is also found.

Who and how much can invest?

• Who: Any person whose age 60 years Or more than it. If you have taken VRS, you 55 years You can open this account even at the age of.
• How much: In this, you have minimum ₹ 1,000 to maximum ₹ 30 Lakh Can deposit up to
• Duration: This scheme is 5 years old, which you can increase further for 3 years.

In clear words, SCSS is an ideal option for all senior citizens who want a stable and better return from FD on their deposits without taking any risk. This is a great way to honor your hard earned money and make your old age financially self -reliant.