Home Money These 3 schemes of the government will make income every month, will...

These 3 schemes of the government will make income every month, will remain tense free even after retirement, will get the double benefit


Indian: Some special schemes are run by the central government for senior citizens’ investment options in the country. Today we will tell you about some such government scheme, in which you can earn every month even after retirement by applying for money. In this, you will get interested at the rate of 7.4 percent. Many special features will also be available with it.

Let us tell you that investors can invest in the Senior Citizens Savings Scheme (SCSS), PM Vyavandan Yojana (PMVVY) and Post Office Monthly Income Scheme (POMIS) to make their future secure. All three schemes are safe. Along with this, you will also get the benefit of interest in it.

Senior Citizen Saving Scheme
In Senior Citizens Savings Scheme (SCSS), you can deposit in multiple of 1000 rupees. Also, there can be no more than 15 lakh rupees in it. You can invest in it at one time. Under SCSS, a person 60 years of age or older can open an account.

Interest rate – 7.4 percent
Payment – Quarterly
Duration – 5 years

PM Vayana Vandan Yojana (Pradhan Mantri Vaya Vandana Yojana)
This scheme (PMVVY) is for 10 years and the minimum entry age is 60 years. There is no rule regarding maximum entry age. Under this scheme, the pension mode can be monthly, quarterly, half-yearly and annually. Loan is also available in this policy of LIC. However, it is available on completion of 3 years of the policy. You can take advantage of this scheme till 31 March 2023.

Interest rate – 7.4 percent
Payment – Monthly
Duration – 10 years

Post Office Monthly Income Scheme
In the Post Office Monthly Income Scheme, you can invest money for 5 years. Once you put money in it, you keep getting money every month. Its interest rate for the quarter ended June 2021 is 6.6 percent.

Interest rate – 6.6 percent
Payment – Monthly
Duration – 5 years

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