Post Office Schemes: There was a time when the post office was known only for letters, but today the post office is becoming famous for its amazing schemes. Yes, there are 5 such schemes of the post office which are best for everyone, so let’s know them.
Post Office Schemes: There was a time when the post office was limited to the arrival and departure of letters, but now the time has changed and the form of the post office has also changed. In today’s time, the post office is not only a letter delivery person, but has also become a person who gives wings to the savings of the lives of common people. In today’s time, savings account is opened in the post office, fixed deposits are made, insurance schemes are available and many other government schemes are also run. In such a situation, we will know the names of 5 famous schemes of the post. Which are a support for small savings for low-income people.
Sukanya Samriddhi Yojana: This is a special savings scheme run by the government for the bright future of daughters. In this scheme, an account can be opened in the name of all girls aged 0 to 10 years. Currently, this scheme gives 8.2% annual interest and an amount of ₹ 250 to ₹ 1.5 lakh can be invested in it.
5 famous schemes of post office
Recurring Deposit (RD): Recurring Deposit (RD) is also a famous savings scheme of the post office. In this scheme, you can start investing with only ₹ 100 every month. Currently, RD scheme gives about 6.7% annual interest. In this, on maturity, you also get interest along with the deposit amount, which can make your small investment big.
Term Deposit (TD): Let us tell you that Term Deposit (TD) is a very reliable and safe savings scheme of the post office, which is available for a period of 1, 2, 3 and 5 years. This scheme is especially beneficial for those who want fixed returns in a fixed time. The returns are given according to the investment year. However, senior citizens get the benefit of additional interest rate in this.
Senior Citizen Saving Scheme (SCSS): Senior Citizen Saving Scheme (SCSS) is considered to be the most effective for the elderly of the country, it fixes regular income after retirement. The duration of this scheme is 5 years, which can be extended for 3 more years. Currently, it gives 8.2% annual interest rate.
Kisan Vikas Patra Scheme (KVP): Kisan Vikas Patra Scheme, which benefits farmers, is also best for investment. Invest in this scheme for a fixed period and on maturity, you can get double the investment amount. Currently, this scheme gives a return of about 7.5%. The amount invested in KVP doubles in 115 months (9 years and 5 months).
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