Post Office FD: Every person wants to earn profit by investing his hard-earned money in a good scheme. Many such schemes are being run by the government and banks, in which people can earn profit by investing their money, but most people prefer to invest in bank FD. The biggest reason for this is that the money invested in FD is safe. Along with this, the return received in FD is also fixed. This is the reason that whenever it comes to investment, people get their money FD. But do you know that, the post office also offers FD schemes?
A reliable place of security and profit
Along with banks, FD schemes are also offered by the post office. In this, you can invest your money safely. In such a situation, if you also want to invest your money in FD, then you can invest in post office FD. By investing in post office FD, you can earn profits of lakhs. Let’s know how.
Different tenures, attractive returns
You can invest in FDs of different tenures in the post office. In this, you can invest in FDs of 1 year, 2 years, 3 years, and 5 years. 1-year tenure post office FD gives a return of 6.7 percent, 2-year tenure FD gives a return of 7 percent, 3-year tenure FD gives a return of 7.1 percent, and 5-year tenure FD gives a return of 7.5 percent.
Profit of lakhs from post office FD
If you invest Rs 2,50,000 in a 5-year tenure post office FD, you will get a total of Rs 3,62,487 on maturity. In this case, you will have a profit of Rs 1,12,487. Post office FD is not only safe, but it also offers you a fixed and attractive return. So, if you are looking for a safe and profitable investment option, then post office FD can be a great option for you.