Post Office Savings Schemes: Every person in India runs after saving. If you are also saving, understand that you are wasting your money. Even if you add 5000 rupees every month to your savings account, it will have no value in the future.
If you invest your savings in a scheme, you can get a good return. If you are saving your money without any plan, you can save only a small amount.
The government has implemented many schemes through which you can increase your money after a certain amount of time. The government has implemented many small savings schemes, which you can use to increase your savings manifold.
The small savings scheme of the post office will help you completely with this. Let us know how much return is available in which scheme.
Post Office Sukanya Samriddhi Scheme
If you invest your money under Sukanya Samriddhi Yojana, you will get a return on maturity at the rate of 8.20%.
Post Office Senior Citizen Scheme
If you invest under this scheme, you will get a full return of 8.2%. This scheme is a boon for senior citizens.
Post Office National Savings Scheme
If you invest in this scheme, you get an interest of 7.7% annually.
Post Office Kisan Vikas Patra Scheme
Investing your savings in this scheme gives you a huge return of 7.5% per annum.
Post Office Monthly Income Scheme
If you invest a part of your savings in these schemes, you get an interest of 7.4% yearly.
Post Office PPF Scheme
If you choose to invest in savings, then after a certain period, you get your entire money as a return with an interest of 7.1%.
Post Office Time Deposit Scheme
If you choose the Time Deposit Scheme for investors, you will get an interest of 6.9% every year and it will increase your savings.
Post Office Recurring Deposit Scheme
If you invest your savings in the Post Office RD scheme, you will get a return of 5.8% every year.
Post Office Saving Bank Account Scheme
If you have kept your money in a savings account, you will get a return of 4% annually.
If you invest your money equally in all these schemes, you will get a very good return on maturity and double your savings.