If you also want to invest in such a scheme where your money is safe and as well as guaranteed interest with good interest, then post office savings plans are great options for you. Meanwhile, we are going to tell you about a scheme of post office in which you can make a fund of 1,23,508 by applying 1 lakh rupees. That is, you will get a direct benefit of Rs 23,508 without any risk. Let us know about this dhnsu scheme and understand its complete calculation.
Post Office TD Scheme: Better option than bank’s FD
The post office time deposit scheme works exactly like the FD of banks. In this, you deposit money for a fixed time and get full money back with interest fixed on maturity. Interest rates on the FD scheme of the post office are slightly better than banks. In this scheme, interest rate for 1 year is 6.9%, interest rate for 2 years is 7.0%, interest rate for 3 years is 7.1% and interest rate for 5 years is 7.5%.
3 -year -old FD scheme will be benefited so much
If you deposit Rs 1 lakh in the post office FD for 3 years, then after 3 years you will get a total of Rs 1,23,508. This means you will get a fix and guaranteed interest of Rs 23,508. These are quite safe investment.
Special things about post office TD scheme
You can start investing from 1000 rupees in this scheme. There is no maximum limit of investment in it. In this scheme, you can open a joint account along with a single account. Senior citizens in banks get more interest on some FD, but all customers are given equal interest rate in the post office. So that everyone can take advantage of equality.