Sunday, October 2, 2022

Know these amazing schemes of Post Office! Quickly get your money double, know how much profit you can get

Post Office Saving Schemes: Post Office runs many savings schemes. The most important thing about these schemes is that there is a guarantee from the government on this. That is, your money will not sink.

Post Office Saving Schemes:  If you are planning for a safe investment and want your profits to be secure, then it is best for you to invest in post office schemes. The government has not made any change in the interest rates of small savings schemes for the September quarter. The most important thing about post office schemes is that your money is safe here, that is, your money will not sink.

Let us know about all the savings schemes of the post office, in which if you invest money, then soon your money will double.

  • Post Office Time Deposit 

Post Office Time Deposit (TD) of 1 year to 3 years is getting an interest of 5.5%. If you invest in this, your money will double in about 13 years. Similarly, you are getting an interest of 6.7% on a time deposit of 5 years. If money is invested with this interest rate, then your money will double in about 10.75 years.

  • Post Office Savings Bank Account 

If you keep your money in a post office savings account, then you may have to wait a long time for the money to double. Because it gives interest only at 4.0 percent annually, that is, your money will double in 18 years.

  • Post Office Recurring Deposit 

At present, 5.8% interest is being given to you on Post Office Recurring Deposit (RD), so if the money is invested at this interest rate, it will double in about 12.41 years.

Read More: Aadhaar Card: Now you can download Aadhaar without a registered mobile number, Know the Process

  • Post Office Monthly Income Scheme 

Post Office Monthly Income Scheme (MIS) is currently getting an interest of 6.6%, if money is invested at this interest rate, it will double in about 10.91 years.

  • Post Office Senior Citizens Savings Scheme

Post Office Senior Citizen Saving Scheme (SCSS) is currently being given an interest of 7.4%. Your money will double in this scheme in about 9.73 years. 

  • Post Office PPF 

The 15-year Public Provident Fund (PPF) of the Post Office is currently getting an interest of 7.1%. That is, it will take about 10.14 years to double your money at this rate.

  • Post Office Sukanya Samriddhi Account 

The post office’s Sukanya Samriddhi Account scheme is currently getting the highest interest rate of 7.6%. In this scheme being run for girls, it will take about 9.47 years to double the money.

  • Post Office National Saving Certificate 

At present, 6.8% interest is being given on the National Saving Certificate (NSC) of the Post Office. This is a 5-year savings plan, in which income tax can also be saved by investing. If money is invested at this interest rate, it will double in about 10.59 years.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img
spot_img

Most Popular

spot_img

Latest

Sushant Singh Rajput’s ex-girlfriend Rhea Chakraborty wore a revealing braless beautiful dress check her photos

Rhea Chakraborty looked stunning on this special occasion. People were attracted to the actress's perfect and curvy figure because she was dressed in such a...

Photos: Now the railway stations of India will look more luxurious than the airport, the picture will be like this in the coming few...

Indian Railways' proposal for redevelopment of railway stations in New Delhi, Ahmedabad, and Mumbai has been approved. Around Rs, 10,000 crores is being invested...

Country’s most affordable electric vehicle debuts: With a starting price of Rs. 8.49 lakh and a range of 315 kilometres, Tata introduces the Tiago...

Today, Tata Motors unveiled the electric version of the Tata Tiago, a well-liked hatchback. It has an initial cost of Rs. 8.49 lakh. This...

FD Return: According to the annual inflation rate, understand the FD returns of these 5 banks, see how you will get the benefit

Inflation And Actual Return on FD:  If you are thinking of investing your money then this news can be useful for you. It is...

In online transactions, we are more cautious when: India leads the globe in multi-factor security adoption, with a utilisation rate of 66% and a...

When it comes to the acceptance and use of Multi-Factor Authentication, the nation is experiencing the fastest growth in the globe (MFA). The use...

Most Popular

Subscribe

* indicates required