If you want to double the money quickly, then invest in this scheme of the post office, you will get double the return from the bank, know the details
Desk : If you also want to make a safe investment in a short time and want to earn good profits, then there is a better option for you. You get good returns in the Fixed Deposit (FD) plan of the Post Office. In this you will get profit as well as government guarantee.
Post Office FD is easy: It is worth noting that getting FD in the post office is also very easy. India Post has given this information on its website. According to this information, you can get FD in the post office for different 1,2, 3, 5 years. Let us know what other benefits are available in this scheme.
Benefits of Post Office FD
- The Government of India gives you full guarantee on getting FD in the post office.
- In this, investors’ money is always safe.
- In this, FD can be done easily through offline (cash, cheque) or online (net banking / mobile banking).
- In this you can also do more than 1 FD.
- Apart from this, FD account can also be easily joined.
- In this, by making a fixed deposit for 5 years, you will get tax exemption at the time of filing ITR.
- One can easily transfer any of his FD from one post office to another.
How to open FD account: To get an FD in the post office, you can open an account by paying check or cash. In this, you can easily open an account with a minimum of Rs 1000 and there is no limit on the maximum amount.
How much interest will you get on FD?
- Under this, you get 5.50 percent interest on FD from 7 days to one year.
- The same interest rate is also available on FDs ranging from 1 year 1 day to 2 years.
- At the same time, interest is also available at the rate of 5.50 percent on FDs up to 3 years.
- 6.70 percent interest is available on FDs ranging from 3 years one day to 5 years.