Post Office Scheme: If you are thinking of investing in a scheme, then this news can be very special for you. In the present time, when it comes to investment, the first thing that comes to people’s minds is an FD. In such a situation, if you are also going to invest in an FD, then definitely read this article completely, because there is a scheme that gives more interest on investment than an FD. After this, there is no risk of any kind in this scheme. The reason for this is that it is a government-run scheme.
We are talking about a scheme of post offices; this scheme of post offices is giving more returns than an FD. We are talking about the Kisan Vikas Patra scheme of the post office. If you deposit money in this scheme, then you will get double the money in 115 months.
Know how much interest is available
The Kisan Vikas Patra scheme of the post office is a very secure scheme. According to the official website of the post office, interest is being given at the rate of 7.5 percent in this scheme. If any investor deposits money for 115 months or 9 years and 7 months, then he will get the benefit of double the money. At present, many banks are giving less than 7.5 percent interest on FD.
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In such a situation, this scheme can prove to be very amazing for you. Now this question must be arising in your mind: how much money can be invested maximally? Let us tell you that no limit on investment has been fixed in this scheme. This is a post office scheme that gives double the money. On the other hand, if we talk about minimum investment, then you can start by investing 1 thousand rupees.
When can you withdraw money before maturity?
For information, investors can easily withdraw money after investing 2 years and 6 months in this scheme. Apart from this, if any investor dies before the time, then money can be withdrawn before maturity.