Post Office Schemes Interest Rates: Running a variety of schemes for Post Office Investors (Best Investment Plans).
In the schemes of post office, you not only get good returns, but you also get guaranteed money security.
-In this, you can invest without risk.
Let’s know how much interest is being received in the post office scheme.
New Delhi.Post Office Schemes Interest Rates: Post Office is running a variety of schemes for investors. These schemes are also known as Post Office Small Saving Schemes. Not only do you get good returns in post office schemes, you also get guaranteed money security.
In such a situation, you can invest without risk. There are many schemes like Post Office Savings Account, Fixed Deposit, Recurring Deposit (Post Office RD), Post Office Public Provident Fund (POPPF), Post Office Senior Citizen Scheme (POSCS), Sukanya Samriddhi Yojana (SSY), where you can invest Huh. Let us know how much interest is being received in the post office scheme.
Post Office Senior Citizen Savings Scheme
Any person above 60 years of age can invest in the Post Office Senior Citizen Savings Scheme (SCSS Interest Rate). Under this scheme, the rate of interest will be 7.4 percent on the deposit amount. You can invest a maximum of Rs 15 lakhs in it. A senior citizen couple can jointly invest up to Rs 30 lakhs. Under this scheme, accounts can be opened with a minimum amount of Rs 1000. Investment in this scheme is exempt under Section 80C of the Income Tax Act.
Sukanya Samriddhi Yojana (SSY):
Sukanya Samriddhi Yojana is receiving interest at 7.6% on the investment. This scheme can be invested for 14 years. Maturity is attained when it is 21 years. After 14 years, interest on closing amount will be 7.6% per annum. In this, you can open an account for 250 rupees. Customers also get the benefit of tax exemption in SSY. Minimum investment of Rs 1000 and maximum of Rs 1.5 lakh can be done every year.
Public Provident Fund (PPF)
Interest is being received at the rate of 7.1% per annum on the amount deposited in the Post Office Public Provident Fund. Individuals can invest a minimum of Rs 500 and a maximum of Rs 1.5 lakh in a financial year. You can deposit money in the scheme in lump sum or in 12 installments. The maturity period is 15 years.
In Post Office FD,
Post Office Fixed Deposit, investors will get interest at the rate of 5.8%. The post office fixed deposit has an interest rate of 5.5% for 1-3 years. The 5-year fixed deposit has a 6.7% interest rate. Apart from this, investors will also get tax exemption under Section 80C of Income Tax Act, 1961 on 5 years fixed deposit in post office.
Post Office Savings Account
, customers will now have to keep at least 500 rupees at all times in post office savings account. Explain that earlier the minimum balance limit was only 50 rupees. Now, if there is no 500 rupees in the account, then a penalty of 100 rupees will be imposed at the end of the financial year. In this, you will get interest of 4 percent.