You can get more returns than FD in this scheme of post office.
| May 3, 2024, 14:05 IST
The name of this scheme is Senior Citizen Savings Scheme.
You can invest a minimum of Rs 1,000 and a maximum of Rs 15 lakh in this scheme.
If you have recently retired, you can invest your retirement money in this scheme.
You can invest in this scheme for five years and you can also extend this period for 3 more years
At present, more than 8 percent interest is being given under this scheme, which the government keeps updating from time to time.
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