To get big returns in a short time, you need to choose attractive schemes from the post office. In fact, the Indian Post Office is the first choice for most Indians when it comes to risk-free investments. That’s why this government institution has remained strong for decades, even under pressure from private banks.
Today’s report is about a special scheme of the Indian Post Office. By investing in this scheme, customers can get high returns in a short time, without any risk. Let’s know the full details of this scheme.
This Scheme Gives Good Returns in Less Time
Out of all the popular post office schemes, one saving scheme is doing very well. It is called the National Savings Certificate (NSC). This scheme is run by the Government of India. People trust this scheme because it is safe, and the money is protected by the government.
Like other post office schemes, you don’t need to worry before investing in this one. If you invest once, you can get good returns in a short time. The current interest rate in this scheme is 7.7% per year.
You Can Get ₹36 Lakh in Just 5 Years
This scheme is good for people who want to grow their money fast. For example, if someone invests ₹25 lakh in this scheme for 5 years, they will get about ₹36.47 lakh at the end. That means they will earn ₹11.47 lakh as interest in 5 years.
Start With Just ₹1,000
You can start investing in this scheme with just ₹1,000. There is no maximum limit, so you can put in as much money as you want. To invest in this scheme, just go to your nearest post office and complete the simple KYC process. You can also open this scheme in your child’s name, which makes it a good option for saving for their future.