The post office runs many attractive schemes, by investing in which you can create a big fund. Today we are going to tell you about one such great scheme, by investing in which your money can double in just a few years. By investing in the Post Office Time Deposit Scheme, you can get a strong return of up to 7.5 percent, and there is an option to invest from 1 year to 5 years. So let us know in how many years your money will double in this scheme and what are its benefits and rules.

In how many years will your money double

If you invest in this scheme of the post office for 10 years, then at the rate of 7.5 percent annual return, your money will double in about 10 years. It is important to note that the interest received in this scheme is calculated every four months, which gives the benefit of compounding on your investment and your money grows rapidly.

Read More:- PM Vishwakarma Yojana 2025: ₹3 Lakh Loan Without Collateral, Check Eligibility

Read More:- EPFO Pension Update: Parliamentary Panel Recommends ₹7500 Minimum Pension

How much will you get on investing ₹ 5 lakh

For example, if you invest ₹5 lakh in the Post Office Time Deposit Scheme for 10 years at a rate of 7.5 percent annual return, after 10 years you will get around ₹10,51,175. That is, your investment of ₹5 lakh will become more than ₹10 lakh in 10 years!

Great benefits of the TD scheme

The Post Office Time Deposit Scheme offers many attractive benefits, which makes it an excellent investment option:

You can start investing in this scheme with a small amount of just ₹1000.

There is no maximum limit to invest in it, so you can invest as much as you want.

This scheme offers better returns than the FDs of many banks, especially on long-term investments.

An account can also be opened under this scheme in the name of children above 10 years of age.
By investing for 5 years, you also get the benefit of tax exemption under Section 80C of Income Tax.

The facility of opening a joint account is also available in this scheme, so that family members can invest together.

Know these important rules before investing

Before investing in this scheme, you need to know some important rules, so that you do not have to face any kind of problem in the future:

No investor can withdraw money from this scheme before 6 months.

If money is withdrawn after 6 months, the interest rate equal to the savings account will be applicable, which is less than the interest rate of time deposit.

Investment can be made in this scheme for 1 to 5 years. If you want, you can also extend the period of the scheme.

If you close an account with a period of 2, 3 or 5 years after 1 year, you will get 2 percent less interest than the applicable interest rate.

Read More:- Central Govt Employees to Get ₹10,000 Minimum Pension Under UPS 2025