Post Office Scheme: Investment in the post office is considered a safe investment. Actually, the returns are good in the stock market and mutual funds, but the risk factor is also the same there. But, many people do not want to take the risk. In such a situation, you invest in such a place where your money is absolutely secure and you get good returns without any risk.
If you also want to make such an investment where there is a strong profit, then this post office scheme can be better for you. If you have opened an account in this post office scheme, then you can get returns of lakhs.
You can start with Rs.100
Investment in the Post Office’s Small Saving Scheme Recurring Deposit is completely secure. You can invest in this scheme from Rs 100 and there is no limit on the maximum amount to be invested. You can invest in Recurring Deposit Scheme for one year, two years or more as per your convenience. In this scheme, the post office also pays interest every quarter.
Loan can also be taken
In this scheme of post office, any person of 18 years of age or above can open his account. A parent can open an account for his minor child. You can also get a loan from this post office scheme. To take a loan, you have to approach your post office branch. You can also deposit this loan in 12 installments. You can take 50% of the amount deposited in your account as a loan.
You will get 16 lakhs like this
If you invest an amount of Rs 16,000 every month in a recurring deposit scheme, then after 10 years you will get more than Rs 26 lakh. Suppose you deposit 16,000 rupees every month, then in a year you will deposit one lakh 92 thousand rupees. Similarly, you will have to invest in this scheme for 10 years. In this way you will deposit Rs 19,20,000 as investment. After this, after the maturity of the plan, you will get Rs 6,82,359 as return.
In this way you will get a total of Rs 26,02,359 after 10 years. In this way you can earn lakhs of rupees by investing in recurring deposits.
