Post Office Saving Schemes: Post Office runs many saving schemes. The most important thing about these schemes is that the government is guaranteed on this.
Post Office Saving Schemes: Post Office runs many saving schemes. The most important thing about these schemes is that the government is guaranteed on this. That means your money will not be lost. We are going to tell you about the post office and all their savings schemes, we will also tell that if you put your money in these schemes then after how long your money will double.
1. Post office time deposit
At the time of 1 year to 3 years time deposit (TD) of post office, 5.5% interest is being received. If you invest in it, then your money will double in about 13 years. Similarly, you are getting 6.7% interest on a 5-year time deposit. If money is invested with this interest rate, then your money will double in about 10.75 years.
2. Post Office Savings Account
If you keep your money in a post office saving account, then you may have to wait a long time for the money to double. Because it gets only 4.0 percent interest, that is, your money will double in 18 years.
3. Post office recurring deposit
At present, 5.8% interest is being paid on the post office recurring deposit (RD), so if the money is invested with this interest rate, it will double in about 12.41 years.
4. Post Office Monthly Income Scheme
The post office monthly income scheme (MIS) is getting 6.6 percent interest at the moment, if the money is invested with this interest rate, it will be doubled in about 10.91 years.
5. Senior Citizens Savings Scheme
The Senior Citizen Saving Scheme (SCSS) of the Post Office is currently paying an interest of 7.4%. Your money will double in this scheme in about 9.73 years.
6. Post Office PPF
The current 15-year public provident fund (PPF) of the post office is currently getting 7.1 percent interest. That is, it will take about 10.14 years to double your money at this rate.
7. Post Office Sukanya Samriddhi Yojana (Sukanya Samriddhi Yojana)
The Sukanya Samriddhi account scheme of the post office is currently getting the highest interest of 7.6%. In this scheme being run for girls, it will take about 9.47 years to double the money.
8. National saving certificate
At present, 6.8% interest is being paid on the National Saving Certificate (NSC) of the post office. This is a 5-year savings scheme, in which income tax can also be saved by investing. If money is invested with this interest rate, it will double in about 10.59 years.
DISCLAIMER
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at informalnewz@gmail.com
