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Post Office Scheme For Senior Citizens: There is such a superhit scheme of Post Office in which you can create a fund worth lakhs by starting investment from just Rs 100. In this you get interest of 6.7 percent. With this you can make big money ranging from just Rs 200 to Rs 1 lakh.
Post Office Scheme: When it comes to investment, many people think that to get more returns, they will have to invest more money, but in reality it is not so. There is also a superhit scheme of the post office which will relieve you of financial stress in your old age.
You can invest in Post Office Recurring Deposit Scheme (RD Scheme), where your money is safe and you can earn good returns without any risk. In this, you can create a fund worth lakhs by starting with an investment of just Rs 200.
Start investing with just Rs 100
Post Office Small Saving Scheme is a great investment option for common people, in which you can start with a very small amount. In this, Recurring Deposit scheme is the most preferred, because it is considered completely safe and reliable. In this scheme you can start investing with just ₹ 100 and deposit as much money as you want. There is no maximum limit for this. The investment period is also fixed, that is, you can invest money in it for 1 year, 2 years or more. The post office pays interest on this scheme every three months, due to which your money keeps increasing continuously.
In this scheme, any person of 18 years of age or above can open an account. At the same time, if a child is a minor, then his parents can open an account in his name. A special thing about this scheme is that if needed, you can also take a loan on the basis of your account. For this you will have to contact your nearest post office branch. You can take a loan up to 50% of your deposited amount, which can be repaid in 12 installments. In this way, this scheme is not only a reliable means of saving but also of help in times of need. With this you can easily create a fund worth lakhs. For this you just have to understand a little calculation.
Understand the complete calculation
If you invest Rs 200 every day in this post office scheme, then the total investment of the month will be Rs 6000. You will get 6.7% interest on this. If you invest Rs 200 every day for two years, then the total amount invested will be Rs 1,44,000 and the return on it will be Rs 10,112. At the same time, you will get total value of Rs 1,54,112.
