Post Office SCSS Calculator: If you are also planning to invest money in Post Office, then there is good news for you! Now you do not need to depend on anyone in old age! Now you can take advantage of Post Office Senior Citizen Saving Scheme by investing your money properly. You will get the facility of guaranteed returns in this investment. 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.

Post Office SCSS Calculator

Post Office SCSS Calculator

Under the Post Office Scheme Senior Citizen Saving Scheme (SCSS), you will get full Rs 2 lakh from interest. This is the best Post Office Senior Citizen Saving Scheme of the Central Government, in which investors will get the benefit of tremendous returns by depositing lump sum money. You will get more benefits in this than bank FD! At this time, you will get the benefit of interest at the rate of 8.2 percent on the savings scheme.

Who will get interest of Rs 2 lakh?

People above 60 years of age can invest money in Post Office Senior Citizen Saving Scheme (Post Office SCSS Scheme). Along with this, those who have taken VRS can also take advantage of it. Post Office: If you deposit Rs 5 lakh in lump sum, you will get Rs 10,250 as interest every quarter. Apart from this, Rs 2,05,000 will be available as interest on annual basis. Let’s check the calculation-

Post Office SCSS Calculator How to get Rs 2 lakh interest

  1. Lump sum deposit amount – Rs 5 lakh
  2. Deposit period – 5 years
  3. Interest rate – 8.2 percent
  4. Maturity amount – Rs 7,05,000
  5. Earning from interest – Rs 2,05,000
  6. Quarterly Income – Rs 10,250

How to open Post Office SCSS Account?

Post Office Senior Citizen Saving Scheme: You can open this account in any post office, government bank or private bank. To open this account you will have to fill a form. Along with this, you should have 2 passport size photographs. Apart from this, copies of identity certificate and other KYC documents will have to be submitted along with the form. Post Office: In this you will get the interest money directly in the bank account.

Now Rs 5325 will come to your account every month in the post office, now you will earn more than before.

Post Office PPF Account: PPF scheme can make you a millionaire, know how much you will have to invest every year

Want to get pension of Rs 12,400 every month in LIC’s fun policy, know how

PMJDY Account Opening: You will get Rs 1000 on opening Jan Dhan account through mobile, know complete information here

The post Invest Rs 5 lakh in Post Office Scheme, you will earn Rs 2 lakh only from interest, know how appeared first on SRB Post.