Post Office Scheme: Everyone is looking for a good option to invest their money, people like to invest money only at those places from where they can get good returns, in such a situation today we are going to tell you the post. How about this special scheme of the office in which by investing money you can live a happy life only on the interest money, let us know in depth about this tremendous scheme of the post office in the news.
In today’s time everyone wants to become a millionaire. But due to rising inflation, very few people are able to turn this dream into reality. Because compared to inflation, most people’s salary falls short to meet their expenses. Even if they save a little in some way, then a big problem arises in front of them that where should they invest that money? Today we are going to tell you about such a scheme, by investing in which you can collect a huge fund in just 5 years. You will earn so much from its interest that you will spend your old age comfortably.
Although there are many post office schemes which give you good profits in a short time, but in time deposit you get guaranteed returns. At the same time, you can also get tax benefit of up to Rs 1.5 lakh by investing in it. In this you can start investing with a minimum of Rs 1000.
This is how big profits will be made
You can invest in post office time deposits from 1 year to 5 years. It gives different returns for different years. For example, if you invest in it for one year, you will get a return of 6.8%. Whereas on 2 year investment, 6.9% return is given and similarly on 5 year investment, 7.5% return is given. Let us tell you, in this scheme your interest is calculated every month, which you get annually.
Understand the calculation of interest here
Suppose you have invested Rs 5 lakh in time deposit for 5 years. Now you will get interest on it at the rate of 7.5 percent. After maturity i.e. 5 years, you will get Rs 7,24,149. In which Rs 5 lakh is your investment and the rest is your interest income. In this you also get the facility to increase it once more. Meaning, if you extend it for 5 more years then you can earn Rs 10,00,799 on maturity.
