Post Office: This scheme of post office will give returns of lakhs, open your account with just Rs 500

Post Office Scheme: You will receive thousands of dollars in returns from this post office account. You can begin this scheme with Rs. 100. You can get a return on your investment of up to Rs 26 lakh by using this scheme.

Post Office Plan: Investing in the post office is seen as a secure move. In reality, the stock market and mutual funds offer good profits, but the risk level is also the same. However, a lot of people do not want to take the chance. When this occurs, you invest in a location where your money is completely safe and you may get significant returns without taking any risks. This post office scheme may be ideal for you if you also wish to make an investment with a high potential for profit. You can receive thousands of dollars in returns if you’ve opened an account with this post office program.

Investment in the Small Savings Scheme Recurring Deposit at the Post Office is absolutely secure. The minimum investment amount in this plan is Rs. 100, and there is no maximum investment amount. For your convenience, you can invest in the recurring deposit scheme for one year, two years, or longer. The post office also provides interest on a quarterly basis under this plan.

Anyone who is at least 18 years old can open an account with the post office under this policy. An account can be opened by a parent for their minor kid. This post office program also offers loans. You must go to your local post office branch to apply for a loan. This loan can also be repaid in 12 payments. You are permitted to borrow 50% of the funds deposited into your account.

If you put 16,000 per month into a recurring deposit plan, you will have more than 26 lakh at the end of 10 years. If you make a monthly deposit of 16,000 rupees, you will have made one lakh 92 thousand rupees in a year. Similar to that, you have ten years to invest in this plan. You will invest Rs. 19,20,000 in this manner. Following this, once the plan has reached maturity, you would receive a return of Rs 6,82,359. After 10 years, you would receive a total of Rs 26,02,359 in this manner. By making investments in recurring installments, you might earn lakhs of rupees in this manner.

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