What should be your investment amount to get Rs 40,000 quarterly interest in this senior citizen guaranteed return scheme? Know more

Senior Citizen Savings Scheme (SCSS): We need money to run our daily expenses in every stage of our life. We may be young or old, but expenses never stop. In old age, there are high chances that you don't have a job or some source of a regular income. But that's the reason senior citizens invest in a scheme that helps them earn a fixed, regular income every month. It ensures that their minimum necessities are met. With the same purpose, post office runs Senior Citizen Savings Scheme (SCSS), where with a one-time investment, they can get quarterly income. Know what it is; how does it works; what are the eligibility criteria; and how much investment you need to make quarterly incomes of Rs 50,000 and Rs 60,000. 
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