Post Office Schemes: The Central Government has not made any change in the interest rate of all Small Savings Schemes. In such a situation, you can double money in post office schemes.
New Delhi. If you are looking for a safe investment (Top Investment Plan), where there is no risk of any kind, then you can invest money in Post Office Schemes. You also get better returns in post office schemes. If you invest in it with low cost, earn money. Let us tell you that for the quarter of September, the Central Government has not made any change in the interest rate of all Small Savings Schemes. In such a situation, you can double the money in a short time by investing money in these schemes of the post office. Let’s know about them…
Sukanya Samriddhi Yojana
This scheme is run for daughters. In this, the highest interest of 7.6 percent is available. Here your money doubles in 9 years.
Senior Citizen Saving Scheme (SCSS) In the
SCSS scheme, you get an interest rate of 7.4 percent. Where money will double in 9.73 years.
PPF Scheme (PPF) The
Interest rate in the PPF scheme of the Post Office is 7.1 percent. Under this scheme, your money will double in 10 years.
Monthly Income Scheme (MIS)
Investing in MIS gives an interest of 6.6 percent. Under this scheme, the money will be doubled in 10 years.
National Saving Certificate (NSC)
NSC 6.8 percent interest is given. This is a 5 year savings plan. In this, your money will double in 10 years.
Time Deposit Scheme (TD)
Investing in a time deposit scheme of 1 to 3 years gives an interest of 5.5 percent. In this scheme, you will be able to double in 13 years. There is an interest rate of 6.7 percent if you invest in a time deposit of 5 years.
Recurring Deposit Scheme (RD)
gives an interest of 5.8 percent in RD. Here in 12 years your money will double.
Saving Bank Account
The savings account of the Department of Posts gets an annual interest of 4 percent. Investing money here will double the money in 18 years.