Post office double money scheme: Big news! Invest Rs 5 lakh in Kisan Vikas Patra and Get Rs 10 lakh on Maturity, know complete details
Post Office Scheme Update: Many special schemes are run by the Post Office, under which you get huge benefits. Today we will tell you about such a government scheme, in which your money will be doubled. Yes… If you invest 5 lakhs in this post office scheme, you will get full 10 lakhs in return.
Kisan Vikas Patra
The name of this scheme is Kisan Vikas Patra, in which you get double the money. By investing in it, you can get fat returns. In this scheme, your amount will double in just 123 months.
Open joint account
You can open this scheme by going to the post office. Along with this, you can also open a joint account. At present, investors are getting the benefit of interest at the rate of 6.9 percent on this scheme.
On the other hand, if you get FD done in State Bank, then investors are getting the benefit of interest at the rate of 6.25 percent. On the other hand, if you make a fixed deposit for 5 to 10 years, then you get the benefit of interest at the rate of 6.90 percent. You can start with a minimum investment of Rs 1,000 in this scheme. At the same time, there is no limit on the maximum investment in this scheme.
If you invest Rs 5 lakh in this scheme for 123 months, then you will get interest at the rate of 6.9 percent on this scheme. That is, along with the principal amount on maturity, you will also get the benefit of interest.
Interest is received on a quarterly basis
On behalf of the Central Government, in this scheme, the benefit of interest is available on a quarterly basis. On the other hand, if there is a change in the interest rates during the investment, then you can get less or more benefit.