Senior Citizen Scheme: If you want to get monthly income, then you can earn an income of 50 thousand rupees every month by investing in two post office schemes.
Monthly Income Scheme: Senior citizens use their savings to manage the monthly expenses after retirement, but if you do not want to spend your savings and want to get income every month by investing, then you can invest in some schemes. can do. Here your money will be completely safe.
If you are retired and want to earn money every month, then 2 great post office schemes can help you. Under this, you can earn more than 50 thousand rupees every month. These schemes are Senior Citizen Saving Scheme and Monthly Income Scheme. You can take advantage of both these schemes by opening an account in the post office.
Benefits under Senior Citizen Savings Scheme
In Budget 2023, the deposit amount in the SCSS scheme has been increased from Rs 15 lakh to Rs 30 lakh. In this case, you can deposit a total of Rs 60 lakh under two schemes. At the same time, 8 percent interest is being received under this scheme.
In this case, the monthly interest on the maturity of five years will be Rs 40,000. While the interest on quarterly interest will be Rs 120000, annually Rs 4.80 lakh and the total interest will be Rs 24 lakh.
How much benefit under Monthly Income Scheme
In the budget, the Central Government has increased the investment limit in the Post Office Monthly Income Scheme (POMIS). In this, you can now invest Rs 9 lakh under single account and Rs 18 lakh under joint account. A benefit of 7.1 percent will be given on this. In this case the annual interest will be Rs 127800 and the monthly interest will be Rs 10650.
50 thousand rupees monthly profit
If any investor invests money every month on this calculation, then he will get the benefit of 40 thousand monthly senior citizen savings scheme and income of Rs 10650 from MIS every month. In this case your monthly income will be more than 50 thousand rupees.
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