If you are thinking of investing and want good returns with safe investment, then you should know about post office savings plans. Post office savings schemes are considered better. Because here your money is safe and interest is also good. There are many small and big schemes in the plans of the post office, in which you can become rich by investing money.
There are plans for 5 to 15 years in the post office in which customers get good interest. At the same time, the investment money is guaranteed to be safe.
There are four such schemes in the post office schemes, from which you can create a big fund. This list includes Public Provident Fund (PPF), Recurring Deposit (RD), National Savings Certificate (NSC) and Time Deposit (TD) schemes.
How much interest is available in which post office scheme
- Savings Deposit: 4%
- Public Provident Fund (PPF): 7.1%
- 1 year time deposit: 5.5%
- 2 year time deposit: 5.5 per cent
- 3 Year Time Deposit: 5.5%
- 5 year time deposit: 6.7%
- 5 year recurring deposit: 5.8%
- 5 years SCSS: 7.4%
- 5 year MIC: 6.6%
- 5 years NSC: 6.8%
Kisan Vikas Patra Scheme
Post office KVP scheme is such a scheme in which your money gets doubled in a given period. A minimum investment of Rs 1,000 has to be made in this. At the same time, there is no maximum limit on the investment amount. It offers an interest rate of 6.9 percent per annum.
Recurring Deposit (RD)
Post Office RD Account ie Recurring Deposit Scheme is the best plan for small savings. It is opened for at least 5 years. At present, an interest of 5.8 percent is being given on this investment.
Sukanya Samriddhi Yojana
The Sukanya Samriddhi Yojana of the Post Office is quite popular. This is a scheme for girls. In this account can be opened for bet. In this, money is deposited till a certain time, which on completion of 21 years, daughters get money. At present, the highest interest rate of 7.6 percent is available on this.
