In today’s time there is no such person who does not want to double his money. If you also want to double money with safe investments and are planning for it , then the option of investing in post office schemes will be better and safer for you.
Let us tell you that the plans of the post office are completely safe. That is, your money will not be in danger of sinking here.
So let’s know about all the savings schemes of the post office , in which if you invest, you can double the money.
Post Office Time deposit
In this post office scheme, an interest of 5.5 percent is being given on Time Deposit ( TD) of 1 to 3 years .
If you invest money in this scheme , your money 13 will double in a year. Similarly , interest of 6.7 per cent will be available on a time deposit of 5 years , in which your money will double in 10.75 years.
If you are posting your money office savings account , so you it may have to wait long to double the money. In this, only 4.0 percent interest is available annually . That is, your money in this scheme will double in 18 years.
You are getting 5.8 percent interest in Post Office Recurring Deposit (RD) . If you invest money in this post office scheme at the rate of interest , then it will double in about 12.41 years.
At present , interest of 6.6 percent is being available on Post Office Monthly Income Scheme ( MIS) . If you invest money at this interest rate , then the money in this scheme will double in about 10.91 years.
At present, the Senior Citizen Saving Scheme ( SCSS) is getting an interest of 7.4 percent. In this, your money will double in about 9.73 years.
At present , interest of 7.1 percent is being given on 15- year Public Provident Fund ( PPF) . That is, by investing in this scheme, the money will double in about 10.14 years.
The post office’s Sukanya Samriddhi account is getting the highest interest i.e. 7.6 percent.
This scheme is being run for girls. In this, it takes about 9.47 years to double the money .
At present , 6.8 percent interest is being given on National Saving Certificate ( NSC) . It is a 5 year savings plan.
Income tax can be saved by investing in it. If you invest in this scheme , so it nearly 10.59 double money in years.