Post Office Scheme Launches:Many beneficial schemes have been started by the post office for senior citizens, out of which a lifetime mental pension scheme of Rs 20,000 has been started for senior citizens. Under this scheme, senior citizens get a good pension and benefits are also provided. Recently a new scheme has been started, which aims to provide a lifetime mental pension of Rs 20,000 to senior citizens. If you also want to take advantage of this scheme or do not know about this scheme, then let us provide you with detailed information. Read this article till the end so that you can easily get all the information about this scheme.
What are the features of the post office scheme?
Post office scheme has many features. As you know, many types of savings schemes have been started in which senior citizens and all citizens can reduce the financial risk in the future by opening a savings scheme account and making a small investment. In such a situation, if we talk about the features of this scheme, it guarantees a lifetime pension. Apart from this, signing up is also very easy for senior citizens. Talking about the eligibility, the age starts from 60 years. This scheme is considered safe by the government. The benefits of such a scheme are provided according to different financial capabilities.
Post Office Scheme Eligibility Criteria
Talking about the eligibility in this scheme, the age for enrollment is fixed up to 60 years. Must be an Indian citizen and must have all the necessary documents such as Aadhaar card, PAN card and address proof. The primary deposit amount is the minimum amount to start the scheme. Rs 150000. Later you will also be provided a good pension. Talking about the nomination facility, it is available for family members.
Information about the benefits of Post Office Pension Scheme
Talking about the main benefits of this scheme, financial independence is given through such a scheme that enables senior citizens to manage their expenses. Apart from this, it is considered a world rule scheme supported by the government. Pension can be signed to the nominees. Apart from this, tax deduction under section 80c is also given.
Also Read: Big update from Income Tax Department on Income Tax Return ITR-V Form
