Post Office scheme: Three savings schemes where you will get tremendous returns along with security


In a market full of inflation and volatility, everyone wants their money to be safe in some way and at the same time they keep getting a better return. However, there are very few schemes where you can get a regular return and there is no risk of losing money. We will tell you about 3 such schemes.

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All these three schemes are of the Department of Posts. The post office is looked upon with confidence by every Indian. Because there is government intervention here, it is one of the best places to keep money safe. Not only this, with the changing times, the post office is also giving good returns on small savings schemes. Let us know about them in detail

Post Office Recurring Deposit

If you want to invest in a safe recurring deposit, then this post office plan can be perfect for you. Here you are getting an interest of 5.8 percent on the investment option with maturity of 5 years. You can start investing in this scheme with just Rs 100 per month. At the same time, there is no upper limit to invest in it.

Post Office Time Deposit This is an FD-like scheme. You can invest in post office time deposits for 1, 2, 3 and 5 years. Here you get a return of 5.5% in a time deposit of 1 to 3 years. If you want more returns then you should invest in one time deposit scheme of 5 years. Here you will get an interest of 6.7 percent. You can also get income tax exemption on investment in this scheme. You can start investing Rs 1,000 here.

National Savings Certificate has a lock-in period of 5 years. Here you get a bang return of 6.8 percent. You can start investing in National Savings Certificate Scheme with an investment of Rs.1000. However, removing some exceptions, you can withdraw money from this scheme only after the completion of 5 years. The investment made in this scheme is also eligible for tax exemption under the Income Tax Act.

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