Post Office Bumper Scheme: Invest ₹3 Lakh, Earn Guaranteed ₹44,664 Interest

The Reserve Bank of India (RBI) has suddenly cut the repo rate twice this year. RBI has reduced the repo rate from 6.50 percent to 6.00 percent. The central bank first cut the rate by 0.25 percent in February, then cut it by another 0.25 percent in April. After this move of RBI, on the one hand, banks made loans cheaper, and on the other hand, FD interest rates were also cut.

However, the post office is still giving bumper returns to its customers on savings accounts as before. Today we will tell you about a scheme of the post office, in which you can get a fixed interest of ₹ 44,664 by depositing ₹ 3 lakh. This is a great opportunity to earn great profits while keeping your money safe.

How to get the fixed interest of ₹ 44,664 on depositing ₹ 3,00,000

The post office is now offering interest ranging from the 6.9 percent to 7.5 percent on TD (time deposit) accounts to its all customers. The post office is offering 6.90 percent interest on 1 year TD, 7.0 percent on 2 year TD, 7.1 percent on 3 year TD and 7.5 percent on 5 year TD.

If you invest ₹3 lakh in a 2-year TD scheme in the post office, you will get a total of ₹3,44,664 on maturity. This also includes fixed and guaranteed interest of ₹44,664. It provides assured returns on your investment.

Your money is now completely safe in all the government schemes of the post office

Let us tell you that your money is completely safe in all the schemes of the post office. The TD scheme of the post office is similar to the FD scheme of banks, in which customers get fixed interest with a guarantee for a fixed period.

Although banks give 0.50 percent more interest to senior citizens on FD schemes than to general citizens. But the post office does not give additional interest to senior citizens. Customers of all age groups have the same interest in the post office. This provides transparency and equal opportunity.