Post Office Scheme: In today’s world, everyone seeks to invest their money in ways that yield the highest return with minimal risk. We’re going to tell you about a scheme today. The post office has launched a special scheme! Many people find this scheme appealing. Anyone can invest in the post office with ease! No matter what age he is.
This post office scheme is a government initiative that offers no investment risk. Your local post office manages the Post Office Time Deposit Scheme, which we will introduce to you today! This scheme provides the government with substantial returns for its customers.
Strong returns are being given in the post office scheme and along with investing in safety, a lot of tax is also being left in it! Due to which this scheme is becoming very popular and people are investing more and more in this scheme. This government scheme receives investments for a period of 5 years!
The investment period in this scheme by the government is 5 years and it gives a tremendous interest of 7.5 percent. This scheme lets you open an account for a few thousand rupees! So you can open an account in it with only thousand rupees! Furthermore, there is no limit to the maximum investment in this scheme.
This post office scheme allows for various methods of investment. You have the option to invest in this scheme for a period as short as one year. You can also invest in this post office scheme for two, three, or even five years. So you will get 7.6 in this scheme, if you invest in this scheme for more than 5 years, then you can get more return in it.
Talking about the calculation in the post office scheme, if you invest in this scheme for 5 years! So if you invest ₹ 500000, then you are going to get a great return of 2224000 on maturity from 7.5 percent! You can invest in this scheme at your local post office.