Post Office FD Scheme: If you deposit your money in the FD scheme of the post office, then you will get both strong returns and interest. Apart from this, after a certain time period, you can get a good amount of funds from here. Therefore, in today’s article, we will tell you how much return you will get if you invest up to one lakh rupees in the Post Office FD plan. Let’s know.
Post Office FD Scheme
If you invest money for 5 years in the Post Office Fixed Deposit Scheme, then you will be provided 7.50% annual interest rate. For your information, let us tell you that higher interest rate is given in the fixed deposit scheme of the post office as compared to banks.
How much will you get on doing FD of 1 lakh under Post Office FD Scheme
If you invest up to Rs 100000 in the Fixed Deposit Scheme of the Post Office for one year, then you will get a total return of Rs 10700:81 here. If you invest Rs100000 for 2 years, you will get a fund of Rs 114880. After this, on opening an FD account for 3 years, you will get a total amount of Rs 1,23,508 on maturity. And on investing 1 lakh rupees for a period of 5 years, you will get a return of Rs 1,44,995 from the post office.
Loan will also be given under Post Office FD Scheme
If you have invested money in the post office and if you need money in between, then you will also be provided a loan by the post office. So that you can fulfill your needs. However, here you will get a loan of 50% of the amount deposited.
For your information, let us tell you that many great schemes are being run by the government. There are such schemes in which you can get the benefit of good interest on investing, so do not let this opportunity slip away.
