Post Office Schemes: Usually, the government revises the interest rate on post office schemes every three months. The interest rates will be revised next time on January 1. If you are also planning to invest in post office, then first know how much benefit is being received on which scheme.
Post Office Schemes: Many types of schemes are run in post office. There are many schemes on which you get better interest than the bank. In post office, you can invest in many schemes like FD, RD and PPF like a bank. Apart from this, there are some schemes whose option you will not get even in the bank. Usually, the government revises the interest rate on post office schemes every three months. The interest rates will be revised next time on January 1. If you are also planning to invest in post office, then first know how much benefit is being received on which scheme.
Interest rates of post office schemes
- Post Office Savings Account- 4%
- 1 Year Time Deposit- 6.9%
- 2 Year Time Deposit- 7.0%
- 3 Year Time Deposit- 7.1%
- 5 Year Time Deposit- 7.5%
- 5-Year Recurring Deposit Account- 6.7%
- Senior Citizen Savings Scheme- 8.2%
- Monthly Income Scheme- 7.4%
- Public Provident Fund Scheme- 7.1%
- Sukanya Samriddhi Account- 8.2%
- National Savings Certificates- 7.7%
- Kisan Vikas Patra- 7.5%
- Mahila Samman Savings Certificate- 7.5%
PM Modi and Smriti Irani have already invested in these schemes
Both NSC and MSSC are like fixed deposits. Any Indian citizen can invest in NSC for 5 years. This scheme is also included in the portfolio of Prime Minister Narendra Modi himself. MSSC is run to encourage women’s savings. In this scheme, money has to be deposited for two years. Former Union Minister Smriti Irani has also invested in this scheme.
This scheme’s option is available only in post offices
POMIS scheme is a scheme that provides regular income every month. In this scheme, a maximum of 9 lakhs can be deposited on a single account and a maximum of 15 lakhs on a joint account. This amount is deposited for 5 years. Money is given on this at the rate of 7.4%. Investors earn through interest.
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