Retirement Scheme: After retirement, you can get income every month from this scheme, just invest this much


Many people remain stressed about income after retirement, but now there is no need to worry. You can continue earning even after retirement. Today we will discuss a plan that allows you to generate income every month after retirement.


Post Office Senior Citizens Savings Scheme (SCSS) is gaining a lot of buzz these days. This is a government-backed scheme designed for senior citizens. Individuals 60 years of age or above can open an account under this scheme. You can invest in this scheme starting from Rs 1,000. SCSS provides regular income, safe investments and tax benefits. You can earn up to Rs 20,000 per month from this scheme.

How to Invest:

The unique feature of this scheme is that it offers higher interest rates than bank FDs. Apart from this, the government is offering an interest rate of 8.2% to investors. The maximum investment allowed in this scheme is Rs 30 lakh. This scheme will help you financially after retirement. Although the minimum investment period is 5 years, if you have to close the account for any reason before that, you will have to pay a penalty as per the rules.

Open an account like this:

You can open an account by going to your nearest post office. The interest amount will be paid every 3 months. According to the information, interest is deposited on the 1st of April, July, October and January. If an individual dies before the maturity period of the plan, the account will be closed, and the entire income will be given to the nominee mentioned in the documents.