- Advertisement -
HomePersonal FinancePost office double money schemes: In these schemes, the amount will double...

Post office double money schemes: In these schemes, the amount will double in 10 years, see details here

- Advertisement -
- Advertisement -

Post office scheme: At present, an interest of 5.5 percent is being given on the time deposit (TD) of the post office from 1 year to 3 years.


Post office scheme: Post office schemes give good interest without any risk. The most important thing about this is that there is a guarantee of the government here. That is, the risk here is very less. Let us know about all the savings schemes of the post office, in which if you invest, then your money will be doubled.

Post Office Time Deposit

Post Office Time Deposit (TD) of 1 year to 3 years is currently getting an interest of 5.5%. If you invest in this, your money will double in about 13 years. Similarly, you are getting 6.7 percent interest on 5 year time deposit. If money is invested with this interest rate, then your money will double in about 10.75 years.

Post Office Savings Bank Account

If you keep your money in its savings account, then you may have to wait a long time for the money to double. Because it is getting only 4.0 percent interest, that is, your money will double in 18 years.

Post Office Recurring Deposit

At present, 5.8 percent interest is being given on Post Office Recurring Deposit (RD), so if money is invested at this interest rate, it will double in about 12.41 years.

Post Office Monthly Income Scheme

Post Office Monthly Income Scheme (MIS) is currently getting an interest of 6.6%, if money is invested at this interest rate, it will double in about 10.91 years.

Post Office Senior Citizens Savings Scheme

Post Office Senior Citizen Saving Scheme (SCSS) is currently being given an interest of 7.4%. Your money will double in this scheme in about 9.73 years.

Post Office Senior Citizens Savings Scheme

Post Office Senior Citizen Saving Scheme (SCSS) is currently being given an interest of 7.4%. Your money will double in this scheme in about 9.73 years.

Post Office PPF

The 15-year Public Provident Fund (PPF) of the Post Office is currently getting an interest of 7.1%. That is, it will take about 10.14 years to double your money at this rate.

Post Office Sukanya Samriddhi Account

The post office’s Sukanya Samriddhi Account scheme is currently getting the highest interest rate of 7.6 percent. In this scheme being run for girls, it will take about 9.47 years to double the money.

Post Office National Saving Certificate

At present, 6.8% interest is being given on National Saving Certificate (NSC). This is a 5-year savings scheme, in which income tax can also be saved by investing. If money is invested at this interest rate, it will double in about 10.59 years.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments