Post Office Special Scheme: Interest of Rs 44,995 will be available on investment of more than Rs 1 lakh.

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Featured Personal Finance Post Office Special Scheme: Interest of Rs 44,995 will be available on investment of more than Rs 1 lakh. By Shyamu Maurya January 17, 2024 0 1 Share Facebook Twitter Pinterest WhatsApp Telegram Post Office Special Scheme: Interest of Rs 44,995 will be available on investment of more than Rs 1 lakh. Post Office – If you also want to get tremendous interest on your investment then this news is for you.

Actually, today in this news we are going to tell you about such a tremendous scheme of the post office. In which interest of Rs 44,995 will be available on investment of more than Rs 1 lakh. Post Office Saving Scheme has a time deposit scheme which you can also call FD scheme.

The post office allows customers to make time deposits for one year, two years, three years and five years. At present, India Post is offering interest rates on time deposits of 6. 9 percent for one year, 7 percent for two years, 7.

1 percent for three years and 7. 5 percent for five years. In such a situation, if you want to invest Rs 1 lakh in these different periods, then the returns can be easily understood.

Return on time deposit for 1 year- If you invest Rs 1 lakh in Post Office Time Deposit Scheme for a year, then according to the GROW calculator at 6. 9 percent interest rate, you will get a total of Rs 1,07,081 on maturity. In this you will get Rs 7,081 as interest amount.

Return on time deposit for 2 years- When you invest Rs 1 lakh in a two-year time deposit scheme, then according to the calculator, you will get a total of Rs 1,14,888 on maturity at 7 percent interest rate. In this total amount, you will get Rs 14,888 as interest amount. Return on time deposit for 3 years- By investing Rs 1 lakh in a 3-year post office time deposit or FD scheme, you will get a total of Rs 1,23,508 on maturity at an interest rate of 7.

1 percent. In this you will get Rs 23,508 as return or interest. Return on time deposit for 5 years- If you invest Rs 1 lakh today in this longest tenure time deposit scheme for 5 years, then at the rate of 7.

5 percent interest, according to Grow Collector, you will get a total of Rs 1,44,995 on maturity. In this you will get a return of Rs 44,995 as interest. Join Informal Newz Tags deposit scheme post office Post Office Special Scheme Time Deposit Scheme Share Facebook Twitter Pinterest WhatsApp Telegram Previous article New Tax Regime: Home loan buyers may get exemption in the new tax regime in Budget 2024? know on which tax regime the government will focus more Shyamu Maurya Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry.

He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.

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