New Delhi. Post office savings schemes are very special. Here you get good returns from the bank, as well as a government guarantee of security is also available. There are many such schemes of India Post (Dak Khana Scheme), in which much better interest rate is available. You can invest your money in these schemes and after some time your money will also double. Today we are going to tell you about 9 such schemes of the post office.
1. Post Office Time Deposit
You can put money in the Post Office Time Deposit scheme for a period of 1 to 3 years. It gives an interest of 5.5 percent per annum. If you put money in this scheme, then your money doubles in about 13 years. If you make a time deposit of 5 years, the interest rate is 6.7 percent. At this rate, your money will almost double in 11 years.
2. Post Office Savings Bank Account
If you keep money in a post office savings account, then you will have to wait for a long time to double the money. In this, only 4 percent interest is available. It takes 18 years for money to double at this rate.
3. Post Office Recurring Deposit
At present, Post Office Recurring Deposit (RD) offers an interest rate of 5.8 per cent per annum. If you want to double the money at this rate, then you have to wait for 12 and a half years.
4. Post Office Monthly Income Scheme
Post Office Monthly Income Scheme (MIS) is currently getting an interest of 6.6%, if money is invested at this interest rate, it will double in about 10.91 years.
5. Post Office Senior Citizen Savings Savings
At present, interest is being given at the rate of 7.4% on the Post Office Senior Citizen Savings Scheme (SCSC). In this scheme, your money will double in about 9.73 years.
6. Post Office PPF
The 15-year Public Provident Fund (PPF) of the Post Office is currently getting an interest of 7.1%. That is, it will take about 10.14 years for your money to double at this rate.
7. Post Office Sukanya Samriddhi Account
The post office’s Sukanya Samriddhi account scheme is currently getting the highest interest rate of 7.6 percent. In this scheme being run for girls, it will take about 9.47 years to double the money.
8. Post Office National Saving Certificate
At present, 6.8% interest is being given on National Saving Certificate (NSC). This is a 5 year savings plan, in which income tax can also be saved by investing. If money is invested at this interest rate, it will double in about 10.59 years.
9. Kisan Vikas Patra / KVP
6.9% annual interest rate is being given in this scheme from 01.04.2020. The amount invested doubles in 124 months i.e. in 10 years and 4 months.
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