Many types of schemes are offered by the post office. One of these schemes is the time deposit scheme of the post office. The time deposit scheme of the post office is a very special scheme. By investing your money in this scheme, you can get a very good interest rate return.
Post Office Scheme: It is very important to invest your savings in a good scheme. You can earn profit by investing your savings. In such a situation, it is very important for every person to invest their money in a good scheme. There are many options to invest in the market. In such a situation, if you are looking for an option for a safe investment, then you can invest in the post office scheme.
Many types of schemes are offered by the post office, in which you can earn very good profits by investing. One of these schemes is also the time deposit scheme of the post office. The time deposit scheme of the post office is a very special scheme. In this scheme, you can get a return at a very good interest rate by investing your money for a fixed period.
Post Office Time Deposit Scheme
You can start your investment with just Rs 1000 by opening your account in the time deposit scheme of the post office. In this scheme, you can invest for a period of 1 year, 2 years, 3 years and 5 years. By investing in the post office time deposit scheme, you can get interest at the rate of 7.5 percent. The interest rates are different according to different periods.
Investing like this will give you a profit of up to 60,000
If you invest Rs 3 lakh in the Post Office Time Deposit Scheme for a period of 3 years, you will get a return at an interest rate of 7.1 percent. In such a situation, you will get a total of Rs 3,63,900 on maturity, that is, you will have a total profit of Rs 63,900.
