Utility News: This post office scheme is very beneficial for senior citizens, so much interest is available

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Investing in post office schemes is preferred by many people to improve their future. Post office schemes offer a full guarantee of security of your money along with good returns.

Today we are going to give you information about Senior Citizen Saving Scheme. A person above 60 years of age can invest in this scheme. Along with good returns, the benefit of tax saving is also available in the scheme.

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Investing in the Senior Citizen Scheme of the Post Office gives an interest rate of 7.4 percent. This interest is accrued on the deposit after every three months. In this, a person can invest a minimum of Rs 1,000 and a maximum of Rs 15 lakh for five years.