In today’s time, there are many options available for investment. If you are looking for safe investment options with returns then you can invest in Bank and Post Office Scheme. In Post Office Scheme you get the benefit of higher interest rate along with tax benefits. Let us know in which post office scheme the benefit of higher interest rate is available.
In today’s time, there are many plans available for investment. Investing is considered successful only when it gives good returns. Many people can invest in share market and mutual funds. Let us tell you that there is a possibility of risk in these investment options. If you are also planning to invest, then you can also invest in post office scheme along with the bank.
There are many types of schemes in the post office. Today we will tell you which post office scheme gives you more returns. Before this, let us tell you that you can invest in Sukanya Samriddhi, Mahila Samman Yojana, Senior Citizen Monthly Scheme and many schemes. The interest rate of these schemes is changed every quarter.
You get 8.2 percent interest in Senior Citizen Saving Scheme and 8 percent interest in Sukanya Samriddhi Yojana. The highest interest rate is available in these schemes.
Tax benefit
In post office you can invest in long term as well as short term plans. In many post office schemes, the benefit of tax benefit is not available, while in many post office schemes, the benefit of tax benefit is given under 80C of Income Tax Act 1961.
Investment amount
As we told you above that the interest rates in the post office scheme are changed every quarter by the government. In such a situation, before investing, you must know what is the tenure of the scheme and whether tax benefit is available in it or not. Apart from this, also know about TDS Deduction.
