Post Office Investment: Everyone wants to be rich today, and if seen, becoming rich is also possible. But your dream of becoming rich will be fulfilled only when you move forward with your goal. Most people are left behind in the race because of this, because they do not know anything about the future.
Earnings do not matter much to becoming a millionaire, but you can achieve the goal only by investing in the right place. You do not even need to pay a large amount to start investing. You can start investing with a small amount. At present, many types of schemes are being run by the post office.
In many schemes, better interest is given than from the bank. The interest rates of Post Office Small Savings Schemes are revised every month by the government. However, no change has been seen in the interest rates for the second quarter (July to September) of the financial year 2024–25.
If you are thinking of investing in any post office scheme in the coming month, then check here to see how much interest will be given on which scheme.
Interest rates on post office schemes
Post Office Savings Account: 4%
1 Year Time Deposit: 6.9%
2 Year Time Deposit: 7.0%
3 Year Time Deposit: 7.1%
5 Year Time Deposit: 7.5%
5-Year Recurring Deposit Account: 6.7%
Senior Citizen Savings Scheme: 8.2%
Sukanya Samriddhi Account: 8.2%
National Savings Certificates: 7.7%
Kisan Vikas Patra: 7.5%
Monthly Income Scheme: 7.4%
Mahila Samman Savings Certificate: 7.5%
Public Provident Fund Scheme: 7.1%
National Savings Certificates, Mahila Samman Savings Certificates, and Monthly Income Schemes are such schemes in which you can earn good profits by investing. You will have to go to the post office to open it.
MSSC is run to encourage women’s savings. In this scheme, money has to be deposited for two years. Any Indian citizen can invest in NSC for 5 years. This scheme is also included in the portfolio of Prime Minister Narendra Modi himself.
