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Senior Citizen will now get full Rs 70,000 every month, Finance Minister announced

Senior Citizen Saving Scheme: Many government schemes are being run by the Central Government (Modi Goernment). The government has given many facilities to senior citizens, at present the Modi government has now announced to give Rs 70,500 to senior citizens. Let’s know about it in detail.

Many government schemes are being run by the Central Government (Modi Goernment). The government has given many facilities to senior citizens, at present the Modi government has now announced to give Rs 70,500 to senior citizens. Yes… If you also want to take advantage of this, then you have a good chance.

Finance Minister had announced in the budget

Many special announcements were made in the budget by Finance Minister Nirmala Seetharaman. Now you are going to get full benefit of Rs 70,500 every month from the government. Let us tell you that many schemes are being run by the government, in which you can become a millionaire by investing money. If the benefits of these schemes are added, then according to that you can earn well every month. Let us tell you how-

There are many types of government schemes

At present, many government schemes like Senior Citizen Savings Scheme (SCSS), Post Office Monthly Income Scheme (POMIS), Mahila Samman Savings Certificate (MSSC) and Pradhan Mantri Vaya Vandana Yojana (PMVVY) are being run, by investing in which you can earn good profits. Can.

Will get Rs 70,500 every month

If you invest Rs 1.1 crore in all these schemes, a senior citizen couple will earn a monthly income of around Rs 70,500 and these are assured returns.

Can invest up to 30 lakhs

You can invest up to 30 lakhs in SCSS i.e. you can deposit up to 60 lakhs in a joint account and you get the benefit of interest at the rate of 8%. Under POMIS, you can invest up to Rs 9 lakh. Interest is available at the rate of 7.1 percent on this.

Getting hefty interest

You can invest a maximum of 2 lakhs in the MSSC scheme, although this scheme is only for women. Interest is being received on this at the rate of 7.5 percent. You can invest up to 30 lakhs in the joint account of PMVVY scheme and in this you will get interest at the rate of 7.4 percent.

Bhupendra Pratap
Bhupendra Pratap
Bhupendra Pratap has over 3 years of experience in writing finance content, entertainment news, cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @insuranceindiaain@gmail.com
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