In today’s time, investors are looking for such an investment in which short time can give better returns due to continuously lower interest rates. There are many post office schemes where money doubles in a short period of time. Post office security also provides better returns. Let’s understand all these post office plans –
1- Post Office Time Deposit
The investment time period of the post office time deposit scheme is 1 to 3 years. Post office is offering 5.5% interest rate at the time of deposit. If someone puts money in this scheme, then after 13 years, his money will double. This scheme can also be invested for 5 years. The interest rate will be 6.7% per cent for 5 years. In such a situation, your money will double in 10 years and 9 months.
2- Post Office Saving Scheme
The post office saving scheme is also a dependable scheme. In such a situation, if someone invests in this scheme, then they will get an interest rate of 4.4%. In such a situation, after 18 years, you will become double.
3- Post RD
A large number of people invest money in the RD scheme of the post office. If you put money in it, then your money will double in 12 years and 5 months. Interest rate of 5.8% is currently available on RD.
4- Post Office Monthly Scheme
Currently, the post office monthly income scheme is getting 6.6 percent interest rate. Money will double here in 10.91 years.
5- Post Office Senior Citizen Scheme
The post office senior citizen scheme is getting an interest rate of 7.4 percent. In such a situation, if a senior citizen invests here, his money will double in 9.73 years.
6- Post Office PPF
PPF is a long term investment scheme. In such a situation, if you invest money here, your money will double in 10.14 years. The scheme currently offers an interest rate of 7.1%.
7- Sukanya Samriddhi Yojana
Sukanya Samriddhi Yojana is also attracting people at this time. Presently the scheme is getting an interest rate of 7.6%. In such a situation, if someone invests in this scheme, then his money will double in 9 years and 6 months.
8- Post Office National Saving Certificate
The post office National Saving Certificate Scheme is also getting better returns at this time. 6.8% interest rate is currently being provided by the post office. At this rate, money will double in 10 years and 7 months.
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