Post Office: If you are also looking for a scheme to double the money, then today we will tell you about such schemes of the post office, in which your money will be doubled soon.
Many such schemes are run by the Post Office Saving Schemes, through which you can easily double your money in a few years. If you are also looking for a scheme to double the money, then today we will tell you about such schemes, in which your money will be doubled soon. Let us tell you how many years it will take for you to double your money in these schemes.
These schemes include Post Office Time Deposit, Post Office Savings Account, Post Office Recurring Deposit, Post Office Monthly Income Scheme, Post Office Public Provident Fund, Post Office Senior Citizens Savings Scheme, Post Office Sukanya Samriddhi Account and Post Office National Savings Certificate. .
1. Post Office Time Deposit To double the money, post office time deposit is the best scheme. In this, interest of 5.8 percent is available on time deposits from 1 to 3 years. By investing in it, your money will double in about 13 years.
2. Post Office Monthly Income Scheme The money in the Post Office Monthly Income Scheme doubles in about 10.91 years. In this, you get the benefit of interest at the rate of 6.7 percent.
3. Post Office Senior Citizens Savings Scheme
The money in the Senior Citizen Savings Scheme of the Post Office will double in about 9.73 years. In this, the benefit of interest will be available at the rate of 7.6 percent.
4. It will take about 18 years to double the money in the Post Office Savings Account. Let us tell you that this scheme takes the most time because the rate of interest is also low in it. At present, customers are getting interest at the rate of 4 percent in this.
5. Post Office Recurring Deposit Money in Post Office Recurring Deposit will double in about 12.41 years. In this, you get the benefit of interest at the rate of 5.8 percent.
6. Post Office National Saving Certificate
The National Saving Certificate of the Post Office is getting 6.8 percent interest. Investing in this 5-year savings scheme will double the money in about 10.59 years.
Let us tell you that after a long time, the central government has increased the interest rates of some small savings schemes. The increase in the interest rates of these small savings schemes has become effective from October 1. If you are looking for a safe option to invest, then Post Office Savings Scheme can be a better option for you.
