Government machine to double money, put money in this post office scheme and get double after 115 months
News India Live, Digital Desk: In childhood, when we used to deposit money in the piggy bank, we had only one desire that when will it be filled and when will it increase to more. When we grow up and talk about saving our hard-earned money, there is a fear in our mind that our money might get lost. Post office eliminates this fear Kisan Vikas Patra (Kisan Vikas Patra) Scheme.
If we look at it, there are many such schemes in the market where it is claimed that money will grow very quickly, but the risk there is also equally high. The specialty of the post office is that here your capital is guaranteed by the Government of India. That means every single penny of yours is completely safe.
How does the magic of ‘double money’ work?
The biggest attraction of this scheme is that your money here 115 months Doubles in age (about 9 years and 7 months). For example, if you invest ₹1 lakh in it, after completion of 115 months you will get back ₹2 lakh without any hassle.
Some special things about it that you should know:
- Minimum investment: You can start it with just ₹1,000. After this, you can deposit as much amount as you want in multiples of 100.
- No maximum limit: Many government schemes have a limit on investment, but here you can invest as much money as you want and secure it for the future.
- Open to all: Any adult can open it. You can also open a joint account in the name of your children or with someone.
Often people wonder whether it is right to block money for such a long time or not. But believe me, it is a great means for small household needs or big future goals, like children’s education or marriage. If your heart beats fast after watching the ups and downs of the stock market, then you should definitely think about this scheme.
You just have to go to any post office near you and start your investment by submitting small documents like Aadhar Card, PAN Card. Remember, rich is the one who earns money, but successful is the one who knows how to spend money in the right place and in a safe place.
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