Give 5 stars to PM scheme ADA 2024
Post Office Scheme: Friends, if you are looking for a good investment then this article will be very useful for you. We are talking about such a scheme of the post office, where you will get good returns and low risk on investing. There is a scheme of the post office in which if you invest Rs 60000 for 5 years, then you will get more than 6 lakhs after 5 years. We will discuss this in more detail in this article. The Public Provident Fund (PPF) scheme of the post office is known for safe and profitable investment where you get interest rates up to 7.1%.
Do you want to invest your savings in a safe and profitable way? If yes, then the Post Office Public Provident Fund (PPF) scheme is a great option for you. Let’s understand this scheme in detail.
Talk about post office scheme
PPF is a long-term savings scheme operated by the Indian Post Office. This scheme offers investors a better return on their savings. Currently, this scheme offers an annual interest rate of 7.1% which has been revised till 2024.
Post Office Scheme: Investment Tenure and Amount
You can invest in this scheme for a minimum period of 5 years to a maximum period of 15 years. The minimum investment amount is ₹500 per month and the maximum limit is ₹1.5 lakh per year. You can deposit ₹500, ₹1000, ₹1500, ₹2000, ₹3000 or ₹5000 per month as per your convenience.
Post Office Scheme: Benefit Example
Suppose you deposit ₹5000 every month, i.e. ₹60,000 per year. Your total investment in 15 years will be ₹9,00,000. For this, you will get ₹6,77,819 as interest. Thus, you will get a total of ₹15,77,819 on maturity.
In this way, the Post Office General Provident Fund Scheme not only keeps your savings safe but also offers attractive returns. Now that you understand the benefits of this scheme, plan your investments and move towards a secure future.
Benefits of Post Office Scheme
- Since this is a government scheme, your money will be completely safe.
- Interest is calculated every quarter, giving you a steady income.
- Investment made in this scheme is eligible for tax exemption under section 80C of Income Tax.
- You can invest small or big amount according to your financial situation.
- This scheme provides an opportunity to accumulate money for the long term and earn attractive returns.
- There is very little chance of you losing your money with this scheme and you will get an interest rate of 7.1% per annum.
Post Office Scheme: Who is it for?
The scheme will especially benefit those who:
- One should save regularly for the long term
- Looking for low-risk investment options
- Save money for retirement
- You should save for your children’s education or marriage.
conclusion
Post Office PPF Scheme (Post Office Project) is a safe and profitable investment option that helps you develop a habit of regular savings and provides good returns in the long term. This scheme is especially good for those who want to make regular savings for the long term and are looking for low-risk investments. However, it is important to consider your financial situation and long-term goals before investing. If you want a safe, flexible and profitable investment option then this scheme is the best option for you.
read this also-
#Post office #investment #60k and repay after one year
#Invest #60k #years #News