Every parent wants their children’s future to be secure and when they grow up, there should be no shortage of money for their education or marriage. If you are also looking for a fixed and reliable investment plan for your daughter, then Post Office Sukanya Samriddhi Yojana can be a great option for you. This scheme not only gives guaranteed returns, but the risk on investment in it is also very low.

What is Sukanya Samriddhi Yojana?

Sukanya Samriddhi Yojana is a special savings scheme run by the Government of India, which has been specially designed keeping in mind the future of daughters. In this, you can open an account in the name of your daughter, but the condition is that the age of the girl should be less than 10 years. A minimum of Rs 250 and a maximum of Rs 1.5 lakh can be deposited in this account every year.

How can one earn Rs 70 lakh?

If you want your daughter to get an amount of about Rs 70 lakh when she turns 21, then it is necessary for you to save Rs 12,500 every month and invest Rs 1.5 lakh in a year. Suppose you opened this account when your daughter was 5 years old and you deposited Rs 1.5 lakh every year for 15 consecutive years. In this way, your total investment in 15 years will be Rs 22.5 lakh. Since this scheme gives compound interest, after 21 years this amount will increase to about Rs 69.27 lakh. In this, about Rs 46.77 lakh will be earned only from interest.

The most special thing about this scheme is that the interest received in it is completely tax free and at present this interest rate is 8.2 percent, which is better than other savings schemes. Under this scheme, when the daughter turns 18 years old, then you can make a partial withdrawal from it, which can be very helpful for her education expenses. At the same time, the full money will be available when the account matures i.e. 21 years are completed.

The post Post Office’s Superhit Scheme: Get ₹70 Lakh for Your Daughter at Age 21! Details Inside first appeared on Rightsofemployees.com.

Post Office Saving Schemes are being run by the post office for everyone, be it children, old people, young people or women. The special thing is that while there is a strong return on investment in these, on the other hand, the government itself guarantees the safety of the investor’s money. In these schemes, huge profits can be earned even on small investments. One such great scheme is the Post Office Time Deposit Scheme, in which more than Rs 4 lakh can be earned from the interest on the investment. Let’s know how…

Money is safe and there are strong returns

Often people plan to save some money from their earnings and invest it in a place where they can get good returns along with the money being safe. In this context, if we talk about the popular Post Office Time Deposit Scheme, then apart from great interest, it also offers many other great benefits. The government offers 7.5 percent interest (PO TD Interest Rate) on investment in it for 5 years. As per the name of the scheme, one can invest in it for different tenures and the interest on the investment is received at different rates. 

• 6.9% interest on investing for one year 
• 7% interest on investing money for two years
• 7.1% interest on investing for three years
• 7.5% interest on investment for five years 
• An account can be opened under the scheme with a minimum of Rs 1,000 
• Interest money gets added on the investment on yearly basis

How will you earn 4.5 lakhs from interest?

Post Office Time Deposit Scheme is considered to be one of the best government schemes included in the list of Post Office Saving Schemes, because it gives the benefit of strong interest, guaranteed income as well as tax exemption. Now if we calculate the earning of Rs 4.5 lakh from interest alone through investment in it, then it can be easily understood.  

The post Post Office’s Superhit Scheme…You Will Earn ₹450000 From Interest Only, Invest Money Only Once first appeared on Rightsofemployees.com.

If you want to invest your savings in a scheme with safe investment and strong returns, then in this case you can trust the schemes being run by the post office. In these schemes, while the government itself guarantees the safety of the investors’ money, the interest rate is also excellent. Post Office runs different small savings schemes for every age and every class and one special scheme in it is Kisan Vikas Patra Scheme, which guarantees investors to double their money in just 115 days. Let us know in detail about investing in it and its benefits…

You can open an account with Rs 1000.

Everyone today earns money by working hard and saves some amount and invests it so that they do not have to face financial difficulties in the future. The thing that makes the Post Office KVP Scheme most popular is that it gives return on investment. Apart from this, there is no risk on investing in it. Under the scheme, investors can start investing by opening an account with a minimum of Rs 1000, while there is no limit for higher investments. That is, you can invest as much as you want.

This Kisan Vikas Patra scheme of the post office doubles the money by giving a strong interest of 7.5% on investment.

The government also gives a great interest rate, which is currently 7.50%. This interest rate is given on investment in KVP scheme on an annual basis. Talking about the maturity period of this scheme, it is 115 months. Along with this, investors can open both single and double accounts under the KVP scheme.

One person can open multiple accounts.

Another special thing about this government scheme is that any person can open as many KVP accounts as he wants. This means that no limit has been set for this and if an investor wants to keep two accounts, he can do so or he can open more accounts. During the scheme, an account can be opened in the name of a child above 10 years of age in this Kisan Vikas Patra scheme.

This calculation of doubling of money

is now the most important thing due to which this scheme remains the first choice of investors. Yes, we are talking about how the money gets doubled in this scheme. So let us tell you that in this government scheme, the interest on the investment amount is calculated on the basis of compounding. If we understand with the example of investing Rs 1 lakh, then on investing this much amount, on the basis of 7.5 percent interest, the interest received on it at the end of the first year will be Rs 7500 and this amount will be added to the principal amount for the next year and the amount will increase to Rs 1,07,500.

Now the interest on this amount will become Rs 8,062 in the second year. This amount will become Rs 1,15,562 by adding it to the principal amount for the third year. Similarly, the amount will keep increasing in the coming years. Now suppose the investor invests Rs 5 lakh, according to this, this amount will also keep getting profit year after year and on maturity the investors will get Rs 10 lakh.

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The post Post Office’s Superhit Scheme….Guaranteed to Double the Money in Just 115 Months first appeared on Rightsofemployees.com.

We all want to save money and create a big fund, but often we don’t understand where to start. The risk of the stock market scares us and we don’t have a large amount to invest at once. If you have the same problem, then a great scheme of the post office is for you. This scheme is like a “piggy bank” in which you have to invest a fixed amount every month, but you also get a good interest on it.

We are talking about Post Office Recurring Deposit (Post Office RD). This is a risk-free investment option in which you can save a small amount every day and save a large amount. Let’s know how you can create a fund of more than ₹ 2 lakh by investing just ₹ 3,000 per month.

What is Post Office RD Scheme?

Post Office Recurring Deposit (RD) is a small savings scheme backed by the Government of India, meaning your money is 100% safe. In this, you have to deposit a fixed amount every month for 5 years. It is great for those who cannot invest a lump sum but want to get into the habit of making small savings every month. It keeps your savings disciplined and also gives a fixed interest on it.

By saving ₹100 every day you can save ₹2,14,097, understand how

Your daily savings: ₹100

Your monthly savings (investment): ₹100 x 30 days = ₹3,000 per month

Investment period: 5 years (i.e. 60 months)

Total investment: ₹3,000 x 60 months = ₹1,80,000

Current interest rate: 6.7% p.a. (Interest is compounded quarterly)

Interest income: In 5 years, you will earn a total interest of ₹34,097

Total amount on maturity: ₹1,80,000 (your investment) + ₹34,097 (interest) = ₹2,14,097

Rules for withdrawing money before time

In case of emergency, you can close your RD before time. You can close it after completion of 3 years from the date of opening the account. But if you break the RD even a day before maturity, you will not get the 6.7% interest applicable on RD. Instead, you will be given interest according to the interest rate applicable on the post office savings account (which is currently 4%). So try to run it for the full 5 years.

What is the rule regarding extended account

If you do not need the money after 5 years, you can extend your RD for another 5 years. On extension, you will continue to get the same Post Office RD Interest Rate which was applicable at the time of opening the account. You can close the extended account anytime. You will get RD interest on the number of complete years and Post Office savings account interest (4%) on the remaining months. That means if you close it after three and a half years, you will get 6.7% interest for 3 full years, while for the remaining six months you will get 4% interest.

Frequently Asked Questions (FAQs)

1. What is the minimum amount one can start investing in Post Office RD?

You can open an RD account in the post office with just ₹ 100 per month. There is no maximum limit of investment in this.

2. Is there tax on interest earned on RD?

Yes, the interest earned from RD is added to your annual income and is taxed as per your tax slab.

3. What if you forget to deposit the RD installment in any month?

If you do not deposit the installment on time, you will have to pay a penalty of ₹ 1 per ₹ 100. If you do not deposit 4 installments in a row, your account may be closed.

4. Who can open a Post Office RD account?

Answer: Any Indian citizen can open this account. You can also open it in the name of your child (minor account) or two people together (joint account).

5. How to open RD account?

Answer: You can easily open an RD account by visiting any post office near you, filling a form and submitting KYC documents (Aadhaar and PAN card).

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The post Post Office’s superhit scheme – invest just ₹3,000 every month, get a return of ₹2.14 lakh first appeared on Rightsofemployees.com.

Any Indian citizen above 60 years of age can invest in this scheme. At the same time, retired employees above 55 years and below 60 years of age can invest in this scheme. At the same time, retired defense personnel above 50 years of age and below 60 years of age can invest in this scheme. However, the condition for both of them is that they have invested within 1 month of receiving retirement benefits. This saving scheme is currently getting interest at the rate of 8.2%.

How to get fixed pension of 20 thousand rupees

The minimum investment in the SCSS scheme is Rs 1,000 and the maximum is Rs 30 lakh. If you invest Rs 30 lakh at an interest rate of 8.2%, you will get Rs 2.46 lakh annually, which is about Rs 20,000 per month. Interest is paid on a quarterly basis on April 1, July, October and January. If the account holder dies before maturity, the account is closed and the amount is given to the nominee.

Higher returns than FD

There is no risk in investing in the post office because the government guarantees it. Along with this, it is a good thing that by investing in SCSS scheme, you get more returns than bank FD. After the RBI reduced the repo rate, most banks have reduced the interest on FD. In the meantime, SCSS scheme is a great option. Senior citizens can get fixed returns by investing in this scheme. Post Office Senior Citizen Savings Scheme provides tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act.

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The post Post Office’s superhit scheme, invest and get a fixed monthly pension of Rs 20,000 first appeared on Rightsofemployees.com.

Post Office’s Senior Citizen Savings Scheme (SCSS) is one such scheme in which you will get a pension of Rs 20,500 every month. This scheme has been specially designed for senior citizens, so that they do not have to worry about money in any way even after retirement.

Post office scheme

If you want an option that gives you a fixed income every month after retirement and also protects you from risk, then Post Office’s Senior Citizen Savings Scheme (SCSS) can be perfect for you. Before investing, read all the terms and conditions of the scheme and take full advantage of the benefits of the scheme.

Income up to Rs 20,500 per month

Under the SCSS scheme, if you invest a maximum of Rs 30 lakh, you will get an interest of about Rs 2 lakh 46 thousand annually. This means that a regular income of about Rs 20,500 will be deposited in your bank account every month. The interest rate of this scheme is 8.2 percent, which is one of the highest rates available in any government scheme.

How much will have to be invested?

Earlier the investment limit in SCSS was Rs 15 lakh, but now it has been increased to Rs 30 lakh. In this scheme, one has to invest in one go and the interest comes into your account every quarter. If you want, you can use it for monthly expenses.

Who can invest?

• Indian citizens who are 60 years of age or above
• Those people between 55 to 60 years of age who have taken retirement (VRS).
• The account can be opened in the post office or any authorized bank.

What will be the impact on taxes?

• Tax is payable on interest income received from SCSS
• However, the investment amount is eligible for tax exemption of up to Rs 1.5 lakh under section 80C
• period of planning
• The period of this scheme is 5 years.
• After 5 years you can extend it for another 3 years.
• It is also possible to withdraw money before time, but there will be a penalty for this.

Why is this scheme special?

• Secure government scheme
• Fixed Monthly Income
• benefit of tax exemption
• Best option for regular income after retirement.

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The post Post Office’s superhit scheme! You will get Rs 20,500 every month for five to seven days, check Details first appeared on Rightsofemployees.com.

Under this scheme, a maximum of Rs 1 lakh can be invested through a single account and up to Rs 15 lakh through a joint account.

Who can open this account?

• Adults aged 18 years or above…
• Joint account (up to 3 adults).

Guardian in the name of a minor…

• If the minor has attained the age of 10 years, he can open an account in his own name.
  Investment rules
• An account can be opened with a minimum of Rs. 1000.
• A maximum of Rs. 1 lakh can be invested in a single account and up to Rs. 15 lakh in a joint account.

In the joint account, each account holder will have an equal share…

How is interest earned?

• This scheme offers an annual interest rate of 7.4%.
• The interest is directly deposited in the customer’s account every month.
• If the customer does not withdraw the interest amount, it is added to the post office savings account and interest is also earned on it.
• The maturity period of the scheme is 5 years, after which it can be extended with a new interest rate.

Example of monthly income…

• Joint account:
• Investment: Rs 15 lakh.
• Annual interest: Rs 1,11,000.
• Monthly income: Rs 9250.
• Single account:
  Investment: Rs 9 lakh.
• Annual interest: Rs 66,600.
• Monthly income: Rs 5550.

Benefits of the scheme…

• This scheme gives higher returns than bank FD.
• After 5 years it can be extended at the new interest rate.
• If the investor does not want to continue this scheme, then after 5 years the entire deposit is returned.
• Rules for premature closure of account
• The account cannot be closed before one year.
• On closing the account between 1 to 3 years, 2% of the amount will be deducted.
• On closing the account between 3 to 5 years, 1% of the amount will be deducted.
• Post Office Monthly Income Scheme (POMIS) is a safe and reliable option, which guarantees regular income. It is specially designed for those who want to earn a fixed income every month by investing with low risk.

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The post Post Office’s superhit scheme, you will get Rs 9,250 every month… first appeared on Rightsofemployees.com.

One such scheme of the post office is Recurring Deposit (RD). In this, your money will be 100% safe. That is, there is no risk of any kind. The more money you invest, the more returns you will get. By investing only Rs 5000 every month, you can raise a huge amount of up to Rs 8 lakh. On the other hand, by depositing Rs 10,000, you can create a huge fund of Rs 16 lakh.

Let us tell you that the post office deposits have the sovereign guarantee of the Government of India. Whereas, the maximum amount of money on bank deposits is only Rs. 5 lakhs. In this way, you can create a fund of lakhs by investing small savings every month.

Earn big money with Post Office RD scheme

Post Office Recurring Deposit (RD) is such a scheme which promotes small savings. Although its maturity is 5 years, but you can also extend it for 5-5 years. At least Rs 100 has to be deposited every month in the RD of the post office. There is no maximum investment limit in this. Excellent returns can be achieved through this. 6.7 percent interest is being given under this scheme. Along with this, interest will be given at the rate of compound interest. Both single account and joint account facilities are available in RD.

Create a fund of 8 lakhs like this

If you deposit Rs 5,000 every month in a post office RD, you will get Rs 8,54,272 on maturity in a period of 10 years. Currently, 6.7 percent annual interest is being given on post office RD. The interest is compounded on a quarterly basis.

There may be a fine

If you do not deposit the installment on time, you will have to pay a penalty. It will be Rs 1 for every Rs 100. This means that if you are unable to deposit any installment, you will have to pay a penalty of 1 percent. On the other hand, if you do not pay the installment 4 times, your account will be closed.

Loan facility is available

After one year, a one-time loan facility of up to 50% of the deposited amount is also provided. Which can be repaid in lump sum along with interest. Not only this, this account can also be transferred from one post office to another. Installments can also be deposited online through IPPB savings account.

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The post Post Office’s superhit Scheme: You can get returns up to Rs 8 lakh by depositing just Rs 5000 every month. check all details first appeared on Rightsofemployees.com.

What is Post Office Monthly Income Scheme (POMIS)?

POMIS is a small savings scheme designed by the government to provide a stable monthly income. These are its benefits.

• Minimum deposit: ₹1,000 (in multiples of ₹1,000)
• Maximum deposit: ₹9 lakh (single account) or ₹15 lakh (joint account)
• Period: 5 years (fixed)
• Interest Rate (2024)
• Interest Rate: 7.4% per annum

Eligibility

• Single Adult
• Joint accounts for up to three adults
• Guardians for minors or mentally incompetent persons
• Minors above 10 years of age in their own name

How to calculate monthly income?

• Formula for calculation of monthly income under POMIS:
• Monthly income = Deposit amount × Interest rate ÷ 12

Example:

• ₹5 Lakh → ₹3,083 Monthly
• ₹9 Lakh → ₹5,550 Monthly
• ₹15 Lakh → ₹9,250 Monthly

Post Office Monthly Income Scheme

• An account can be opened with a minimum of ₹1,000.
• The total deposits in all the accounts of a person cannot exceed ₹9 lakh.
• Investment of up to ₹15 lakh is possible in a joint account.
• payment of interest
• Interest is credited every month.
• Payment can be taken through ECS or auto-credit to the linked savings account.
• No additional interest is accrued on unclaimed interest.
• Interest is income taxable.
• premature withdrawal of money
• Withdrawal allowed after 1 year, but with penalty:
• 1–3 years: 2% reduction.
• 3–5 years: 1% reduction.

Maturity Benefits

• The account matures after 5 years.
• On maturity the basic amount deposited is returned.
• In case of death of the account holder, the nominee or legal heir can close the account.

Why choose POMIS?

Safe Returns: It is run by the government and the money is completely safe in it.

Regular Income: Retired individuals and conservative investors will benefit.

The post Post Office’s superhit scheme, you will get Rs 9,250 every month for 5 years first appeared on Rightsofemployees.com.

There are many such schemes of Post Office which will give you income every month. If you are also looking for a scheme which is safe and gives you regular income every month, then Post Office Monthly Income Scheme (POMIS) is a better option.

What is Post Office Monthly Income Scheme?

Post Office Monthly Income Scheme (POMIS) is a small savings scheme. Once you deposit money in this scheme, you will get regular income for 5 years. You can open a single or joint account in this scheme. You can invest a maximum of Rs 9 lakh in a single account and a maximum of Rs 15 lakh in a joint account.

How does this scheme work?

This scheme is a type of term deposit, in which you deposit a fixed amount and get income on it every month in the form of interest. Its investment period is five years.

How much interest will I get?

Post Office Monthly Income Scheme is giving an annual interest rate of 7.4%. If you invest Rs 9 lakh in it, you will get an interest of Rs 5,550 every month. If you deposit Rs 15 lakh, you will get an income of Rs 9,250 every month. However, interest rates may change from time to time.

What will happen if I withdraw money before time?

Once you invest in this scheme, you cannot withdraw money for the first year. If you withdraw money between 3 to 5 years, then 1% of your investment amount will be deducted and returned. But if you complete the 5-year period, you will get the full benefit.

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The post Post Office’s superhit scheme! You will get Rs 9,250 every month for five years, know the benefits of the scheme here first appeared on Rightsofemployees.com.

If you do not have money to invest money at once, then you can save money from your salary every month and invest in the post office scheme. You can invest a fixed amount every month in Post Office Recurring Deposit. 6.7 percent annual interest is being given on Post Office RD.

Invest in RD in post office

By investing Rs 7,000 every month in RD, you will invest a total of Rs 4,20,000 in 5 years. You will get interest of Rs 79,564 after 5 years and Rs 4,99,564 on maturity.

Investing Rs 5,000 every month in RD will yield Rs 60,000 in one year and a total of Rs 3,00,000 in five years. You will get Rs 56,830 as interest at the rate of 6.7 percent after 5 years. You will get Rs 3,56,830 on maturity.

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If you invest Rs 3,000 every month in RD, then you will invest Rs 36,000 in a year. Your total investment in 5 years will be Rs 1,80,000. According to the post office RD calculator, according to the new interest rates, you will get Rs 34,097 as interest. You will get a total of Rs 2,14,097 on maturity.

Benefits of Post Office Saving Scheme

TDS is deducted on the interest received on RD. TDS of 10% is applicable on the interest rates received on RD. If the interest on RD for one month is more than Rs 10,000 then TDS will be deducted. The Finance Ministry of the Central Government reviews the interest received on small savings schemes every three months.

The post Post Office’s superhit scheme! You will get 80000 rupees interest, check details first appeared on Rightsofemployees.com.

Post Office Small Savings Schemes are the best option for guaranteed returns without risk. One of these is the superhit Time Deposit (TD) scheme of the post office. In this scheme, lump sum deposit can be made for maturity of 1, 2, 3 and 5 years. In this, interest rates on depositing money are paid on annual basis.

Post Office TD: Know the details of interest rates

The interest rate on post office time deposit of 1 year is 6.90 percent and on 2 years it is 7 percent. Apart from this, 7 percent interest is being given on 3 year deposits and 7.5 percent annual interest is being given on 5 year deposits. These interest rates are applicable from 1 July-30 September 2023.

₹2.25 lakh interest on ₹5 lakh in 5 years

According to Post Office TD Calculator, if you deposit Rs 5 lakh for 5 years, the maturity amount will be Rs 7,24,974. That means, Rs 2,24,974 will be earned from interest. The deposit rates of Post Office Small Savings Schemes are reviewed every quarter by the government. This means that interest rates may change every quarter. But, in term deposits, the interest rates fixed at the time of deposit remain for the entire maturity period.

Tax deduction will be available on 5 years TD

The benefit of tax exemption is available on TD of 5 years in post office. Under Section 80C of Income Tax, tax deduction can be claimed on investments up to Rs 1.5 lakh. Keep in mind here that the amount received on maturity in TD is taxable.

Single account and joint account are also opened under Post Office TD. Maximum 3 adults can be included in the joint account. This account can be opened with a minimum of Rs 1000. After this you can invest in it in multiples of Rs 100. There is no limit on investment in post office time deposit.

The post Post Office’s superhit scheme: Deposit ₹ 5 lakh in lump sum, after 5 years you will get ₹ 2.25 lakh only from interest first appeared on Rightsofemployees.com.

Today we are going to tell you about such a government scheme, in which you will get full 35 lakh rupees from the government. If you also want to become a millionaire without risk then this is a great plan for you. Post office and bank FDs are still considered the best option for investment.

What is the name of the scheme?

Let us tell you that the name of this post office scheme is Gram Suraksha Yojana, in which you get full 35 lakh rupees from the government. This scheme was started by India Post for the customers. This protection plan is one such option in which you can get good returns with low risk. In this scheme you have to deposit Rs 1500 every month.

There will be benefit of up to Rs 35 lakh

If you invest regularly in this scheme, then in the coming time you will get the benefit of Rs 31 lakh to Rs 35 lakh.

Know how to get benefit?

Suppose a person invests in this scheme at the age of 19 and buys a policy of Rs 10 lakh, then his monthly premium will be Rs 1515 for 55 years, Rs 1463 for 58 years and Rs 1411 for 60 years . The policy buyer will get Rs 31.60 lakh for 55 years, Rs 33.40 lakh for 58 years and Rs 34.60 lakh for 60 years on maturity.

Know the rules of investment

Any Indian citizen between the age of 19 to 55 years can invest in this scheme.

The minimum sum assured under this plan can range from Rs 10,000 to Rs 10 lakh.

The premium payment for this plan is monthly, quarterly, half-yearly or annually.

You can also take a loan on this scheme.

You can also surrender this scheme after 3 years of taking it.

The post Post Office’s superhit scheme, deposit Rs 1,500 every month and get 35 lakhs on maturity first appeared on Rightsofemployees.com.

But they back down because they are at risk of losing their money. If you are also one of them, then you can invest in the Kisan Vikas Patra Scheme (KVP) of the post office. Kisan Vikas Patra (KVP) scheme is best for long term investment. In this, your deposited money will always be completely safe. Also, KVV claims its customers to double the amount deposited under this scheme in 10 years and 4 months (124 months). Let us know about this scheme of the post office.

What is Kisan Vikas Patra Yojana?

The duration of this scheme is 124 months i.e. 10 years 4 months. If you have invested in this scheme from 1 April 2021 to 30 June 2021, then the lump sum amount deposited on your behalf doubles in 10 years and 4 months. On Kisan Vikas Patra, you get compound interest of 6.9% per annum. (Post Office Savings Scheme) Investment is made in the form of certificate in Kisan Vikas Patra (KVP). There are certificates up to Rs 1000, Rs 5000, Rs 10,000 and Rs 50,000, which can be bought.

Who can open an account in KVP?

Under this, any Indian person whose age is more than 18 years can open his account in it. However, no upper age limit has been prescribed for opening an account. But under this, KVP certificate can also be bought in the name of a minor. NRI is not eligible for this scheme.

Investment limit in Kisan Vikas Patra

You can buy Kisan Vikas Patra Certificate with a minimum investment of Rs 1,000, there is no maximum investment limit in this scheme, that is, you can put money in this scheme as much as you want. This scheme was started in 1988, then its objective was to double the investment of farmers, but now it has been opened for all. Now it can be said that Kisan Vikas Patra has nothing to do with the farmers at present.

PAN-Aadhaar will have to be given to open an account

There is also a risk of money laundering since there is no investment limit, so in 2014 the government made PAN card mandatory for investments above Rs 50,000. If investing 10 lakh or more, then income proof will also have to be submitted, such as ITR, salary slip and bank statement. Apart from this, Aadhaar also has to be given as an identity card.

The post Post office’s superhit scheme! Your money will be doubled with guarantee – know the terms of investment first appeared on Rightsofemployees.com.