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Post Office SCSS Scheme: Invest Once and Get Rs 20,000 Every Month
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News18•06-10-2026, 13:31
Post Office SCSS Scheme: Invest Once and Get Rs 20,000 Every Month
- •The Senior Citizen Savings Scheme (SCSS) currently offers an attractive annual interest rate of 8.2 percent.
- •Investors can invest a minimum of Rs 1,000 up to a maximum of Rs 30 lakh in this scheme.
- •An investment of Rs 30 lakh yields an annual interest of Rs 2,46,000, translating to Rs 61,500 every three months or about Rs 20,000 per month.
- •The scheme is completely free from market risks, ensuring your invested money remains 100 percent safe.
- •The maturity period of the scheme is 5 years, and it is open to individuals aged 60 and above.
Key Questions Answered
The Post Office Senior Citizen Savings Scheme (SCSS) currently offers an attractive annual interest rate of 8.2 percent, which provides higher returns compared to traditional fixed deposits.
Investors can start an account with a minimum amount of Rs 1,000, while the maximum permitted investment limit is capped at up to Rs 30 lakh.
Applicants generally must be at least 60 years old to qualify, though retired employees aged 55 to 60 under specific circumstances are also permitted to invest.
