Post Office Scheme: Open account with just Rs 1000; option to get Rs 14 lakh in 5 years

Post Office offers several investment schemes allowing investors to put their money in saving instruments that offer delightful returns. In one plan called Senior Citizen Savings Scheme (SCSS), the Post Office allows investors to rake in impressive returns from their investments. 

New Delhi: Post Office offers several investment schemes allowing investors to put their money in saving instruments that offer delightful returns. In one plan called Senior Citizen Savings Scheme (SCSS), the Post Office allows investors to rake in impressive returns from their investments. 

If you are also looking to make a safe investment, then Post Office Senior Citizens Savings Scheme could be the saving plan that could suit you well. Currently, investors are receiving 7.4 per cent interest on their investments in the scheme. 

The Senior Citizens Savings Scheme (SCSS) offered by Post Office is more beneficial for retired investors, as they can put their hard-earned money in a safe scheme that can give fantastic returns.