Post Office scheme offers Rs. 2 lakh interest with investment. Have you heard about it?

Post Office SCSS: Invest in the Right Way and Get Guaranteed Returns

Post Office Scheme: If you’re considering investing money in the post office, there is good news for you. The Post Office Scheme offers guaranteed returns, allowing you to secure your financial future. Learn more about this scheme, which can provide a total of Rs. 2 lakhs from interest by investing Rs. 5 lakhs.

Currently 8.2 percent interest

The Senior Citizen Savings Scheme (SCSS) offered by the post office provides a return of Rs. 2 lakhs on a deposit. This scheme, backed by the Central Government, offers excellent returns compared to bank fixed deposits. The current interest rate for this savings scheme is 8.2 percent.

Rs. 2 lakh interest

Individuals above 60 years of age and those who have taken voluntary retirement can invest in SCSS. By depositing Rs. 5 lakhs, you will receive Rs. 10,250 as interest every quarter. Additionally, Rs. 2,05,000 will be received as interest annually.

How to Get Rs. 2 Lakh Interest

• Lumpsum Deposit Amount – Rs. 5 lakhs
• Deposit Tenure – 5 years
• Interest Rate – 8.2 percent
• Maturity Amount – Rs. 7,05,000
• Interest Earned – Rs. 2,05,000
• Quarterly Income – Rs. 10,250

How Can You Open an Account?

You can open a Post Office SCSS account at any post office, government bank, or private bank. To open an account, you need to fill out a form and provide 2 passport size photographs. Additionally, you should submit a copy of your identity certificate and other KYC documents. The interest amount will be directly deposited into your bank account.