Post Office FD Interest Rate: People from different classes are set to invest. But the question is, Where to invest? We often choose government banks and Indian Post Offices for secure investment and guaranteed return. But now days, the return rate of Post Office and many banks has reduced. But there is still some hope of Ray alive. We will talk about such a scheme that can help you to make a handsome bank balance to secure your and your family’s future.

Stock market is risky

Investing in the stock market is risky. Moreover, many people cannot invest there, then they invest in the bank. You can also invest in another scheme without a bank. That option is the post office plan. If you have Rs 2 lakh, you can get an FD done at the post office. Let us know in detail how much interest you will get if you invest Rs 2 lakh in a post office, what are the other offers in this scheme.

You can earn interest of around Rs 4,50,000

Many post office schemes are for five years and give good interest to investors. Post Office Time Deposit is one such scheme. You can earn interest of around Rs 4,50,000 by investing in it for five years.

If you invest Rs 2 lakh in a post office FD for 5 years, you get Rs 89,900 as interest at 7.5 per cent. At the same time, you will get a total of Rs 2,89,990 as a maturity amount after 5 years. This amount is made up of deposits including interest. If you invest 2 lakh for 3 years, then you will get Rs 47,015 as interest according to 7.1% return. At the same time, you will get Rs 2,47,015 on maturity of the year.

How much will you get for 1 year investment?

If you invest Rs 2 lakh in a post office FD for 2 years, you will get Rs 29,776 as interest at 7 per cent. At the same time, you will get a maturity amount of Rs 2,29,776. If you invest for just one year, you will get Rs 14,161 in interest according to 6.9% returns. After 1 year, you will get Rs 2,14,161 in the maturity amount.

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