The post office revises its plans every three months.
Nearly two and a half years ago in 1774, when Warren Hastings set up the first post office in India, he would not even realize that at one time it would emerge as such a multipurpose workplace. Today, the post office is not only used to send letters to and from every corner of the country, but it has also been able to work like banks. Let’s know about the deposit, investment and tax saving schemes related to the post office:
Post office best scheme
The post office, like an investment farm, always offers new schemes for all types of investments. They are not only giving good returns, but they are also tax saving under which investment is also exempt from tax under Section 80C of Income Tax. The post office revises its plans every three months. Due to which interest rates may go up or down.
Also Read: NPS Is Giving FD Plan With Government Guarantee, 9.95% Interest Will Be Given .. Apply This Way
Post Office Double Money Scheme
Everyone wants to double their money. In the matter of doing this double, we sometimes lose our hard earned money by getting caught in a shortcut. Post office is a place where your money is not only safe but also records rapid growth.
The Kisan Vikas Patra (KVP) of the post office currently gets the highest 7.6% interest at the present time, due to which the money invested in it doubles in just 9 years and 5 months. Be aware that no bank claims to double your money in such a short time.
Post Office Child Plan
Children are included in all of us today. We all want the future of our children to be financially secure. The Central Government has launched Sukanya Samriddhi Yojana under the objective of ‘Beti Padhao, Beti Bachao’. Under the Post Office Child Plan, when you invest in this scheme, not only will you get maximum interest, but you will get 100% tax rebate on the entire amount of money on investment, interest and maturity. So if you too have a daughter below the age of ten years, invest in this scheme today and secure her future.
Post Office Fixed Deposit Double
The post office does not carry any scheme that doubles the fixed deposit, but you can double your money in the shortest time by purchasing the National Saving Certificate (NSC) from the post office. The reason behind this is that the post office on NSC provides the highest interest, due to which it doubles in just 9 years. If this much investment is made in a bank, it will take about ten and a half years to double.
