Post Office Scheme: You can earn good profits by investing money in government schemes. Many such schemes are being run in the Modi government, in which you are getting huge returns on maturity. Today we will tell you about such a scheme of the post office, in which you can start in less than Rs 500.
Start with less than Rs 500
You can invest Rs 500 in the beginning and if it feels right later, you can increase your invested amount. Let us tell you about the post office scheme, where you can start with less than Rs 500.
Invest money in PPF
You can open an account in Public Provident Fund. In this scheme, you can invest a minimum of Rs 500 and a maximum of Rs 1.5 lakh annually. You can make this investment for 15 years. If you invest Rs 500, you will deposit Rs 6000 annually.
Added 4,12,321 to PPF
At present interest is being given on PPF at the rate of 7.1 percent. In such a situation, by depositing Rs 500 every month in this scheme, you can add Rs 1,62,728 in 15 years at 7.1 percent interest. If you extend it for 5.5 years, you can add Rs 2,66,332 in 20 years and Rs 4,12,321 in 25 years.
Invest in Sukanya Samriddhi with Rs 250
You can open Sukanya Samriddhi account in the name of your daughter. In this you can invest minimum Rs 250 and maximum Rs 1.5 lakh.
2,77,103 will be available in SSY
At present, interest is being given on it at the rate of 8.2 percent. If you invest even Rs 500 per month in this, you will have to deposit a total of Rs 90,000 in 15 years and at 8.2 percent interest, you will get Rs 2,77,103 after 21 years.
Post Office RD
You can also get RD done in the post office. You can start with Rs 100 also. At present the interest rate in this scheme is 6.7%. If you deposit Rs 500 every month in this scheme, then after 5 years you will get Rs 35,681.