By investing the money only for a period of 5 years, you can easily earn ₹ 1,34,984 only through interest. In the post office FD scheme, you get a strong interest rate and you are given a complete guarantee of safe investment returns. The current interest rates being given by the Government of India are also quite good.
Invest your money in just 5 years
In this scheme of Post Office, it is not that you invest your money only for 5 years, rather you can invest money in this scheme for 1 year, 2 years and 3 years also. Investing in Post Office Savings Scheme is very simple and any person can easily invest in it. Let us know how you have to invest and after investing how much money, you are going to earn ₹ 1,34,984 in this scheme only from interest.
6.9 and 7 percent annual interest rate is being given on investment of 2 years.
Just as we have told you above about the investment periods, you can invest for one year to 5 years, similarly the interest rate is not given to you according to the time of investment. If you invest in it for one year, then the post office is giving you 6.9 and 7 percent annual interest rate on investment of 2 years.
If you are investing your money in the post office FD scheme for a period of 3 years, then let us tell you that you are going to get an interest rate of 7 points 1% per annum. Apart from this, your friends get the highest interest rate in a period of 5 years. At present, if you invest in Post Office FD under this scheme of Post Office, it is very simple and easy.
I have to go to the post office with some documents.
You don’t have to do much, just go to the post office with some of your documents and open your account under this scheme by filling a simple form. After this, the money you have to invest in the FD scheme has to be deposited in the account, due to which you have to keep one thing in mind that for how long you have to invest the money, you have to fill it in the form and also you have to give your Aadhaar. Card, PAN card and your permanent residence certificate will have to be submitted together. In place of the original document, you have to submit the photo copy of your document along with it in the form.
One thing you have to keep in mind is that the information for how long you have to invest the money is also given by filling it in the form. Along with this, you will also have to submit your Aadhar card, PAN card and your permanent residence certificate to the post office. In place of the original document, you have to submit a photocopy of your document along with the form.
How much will be earned by investing ₹ 1,34,984 from interest?
If you have decided to earn ₹ 1,34,984 only through interest in the post office FD scheme, then let us tell you that in this scheme you will have to invest your Rs 3 lakh in lump sum for 5 years. When 5 years are completed, you will be given a total return of ₹ 4,34,984 from the post office. Your invested Rs 3 lakhs are included in this return, so even if they are withdrawn, you still earn Rs 1,34,984 only through interest.
