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Post Office's Senior Citizen Savings Scheme: Here's How You Can Get Rs 14 Lakh Return In 5 Years | Personal Finance News

The Senior Citizens Savings Scheme (SCSS), specifically designed for people over 60 years of age, is one such gem in the Post Offices offering. ....

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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. ....

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THESE 9 Post Office Saving Schemes will double your money: Check more details

Highlights
The 5.5% interest rate is being offered to 1 year to 3 years time deposit (TD) of the post office and if you invest in it, then your money will double in about 13 years.
The 5.8 percent interest on the Post Office Recurring Deposit (RD) is being offered, if the money is invested and it will double in about 12 years.
The 6.6 percent interest is given on the Post Office Monthly Income Scheme (MIS) if the money is invested and it will double in about 10 years.
Post Office Saving Schemes can offer guaranteed returns which means that you can remain confident of the fact that you are not going to lose any hard-earned money. ....

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