Utility News: This scheme is very useful for the elderly, they get huge benefits in it.

Utility News: This scheme is very useful for the elderly, they get huge benefits in it.

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Internet Desk. The Central Government runs many beneficial schemes for the citizens of the country and many of them are also run for the elderly. One of these schemes is the Senior Citizens Savings Scheme. In such a situation, today we will learn about this scheme and see what benefits it provides.

What is Senior Citizen Savings Scheme?

Senior Citizen Savings Scheme has been designed keeping in mind the interests of the elderly. The Government of India gives more interest in this scheme than other schemes. In this scheme, money is invested only once. The amount to be deposited in this can range from one thousand rupees to 30 lakh rupees.

what is the eligibility

In this, any person of 60 years of age or older can open his own or joint account. Along with this, defense personnel who take voluntary retirement at the age of 55 to 60 years can also avail this benefit. For this scheme, you can open your account in bank or post office. In this you will have to submit 2 passport size photographs along with identity card, proof of address and proof of age.

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