Post Office Scheme | Currently, when we think about investing, we only accept two ways to invest either the stock market, or investing in stocks. But if you want a safe investment, where should you put your money? Then we would like to tell you that there is an amazing scheme implemented under the post office. Because bank FDs don’t earn much interest anymore, while inflation is increasing day by day. Because post office schemes are backed by the government, there is no risk and the returns are also high. (Post Office Scheme)
This very post office is running a special scheme. Time Deposit Scheme, even though the name may sound heavy, to put it simply, this scheme is similar to a bank’s FD. The only difference is that the bank lowers the interest rate, but the post office still gives investors a fair interest rate. Therefore, you should consider this post office scheme before investing.
How much interest will you get if you deposit?
In this scheme, you can do it for one year, two years, three years or even five years.
You get about 6.9% interest in one year, seven percent interest in two years, 7.10% interest in three years and a whopping 7.5% interest for a five-year-old girl. That is, if you deposit five lakh rupees, then after ten years you will get ten lakh 51 thousand 175 rupees. That is, the amount of money received on the investment is more than double.
If you want double money, you will need a little patience
People in our village always ask, when will it double? The answer is the same after ten years. Because first you have to keep the money in the deposit for five years, then you have to increase it again for another five years. If you have this much patience, you will definitely get the fruits like planting a money tree.
This scheme is not only for the rich, but also for farmers or workers working in the fields. This scheme is beneficial for everyone because this scheme is very important for both the safe return of money and the support of the government.