If you invest Rs 2 thousand every month for 15 years, then a total amount of Rs 3,36,000 will be deposited. On this you will get interest of Rs 2,71,135 i.e. on maturity you will get Rs 6,31,135.
Post Office Saving Scheme: Along with saving money, it is also considered necessary to invest in the right place. Many people do not invest their hard earned money anywhere. By doing this, they are suffering losses every day because there are schemes in which by investing, you can get huge returns in the form of interest. If you are planning for a safe investment, then you can invest in the Public Provident Fund (PPF) of the Post Office. At present, interest is being given at the rate of 7.10 percent in this scheme.
The special thing is that you can get Rs 6,31,135 after 15 years by depositing Rs 2,000 every month. Now the question is, why will you get such hefty returns and how much money will you have to deposit in total.
First of all, this scheme is for 15 years, from which it cannot be withdrawn in the middle. And it can be extended for 5-5 years after 15 years. You get the benefit of compound interest on investment.
That is, if you invest 2 thousand rupees every month for 15 years, then a total amount of Rs 3,36,000 will be deposited. On this you will get interest of Rs 2,71,135 i.e. on maturity you will get Rs 6,31,135.
Let us tell you that to open this account, you have to spend only 100 rupees. One can make at least Rs 500 in a financial year. The maximum investment that can be made in a financial year is Rs 1.5 lakh. In case of non-deposit of Rs 500 in any financial year, the account becomes inoperative.
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