Post Office Scheme: Which scheme of the Post Office Scheme will give you good interest, check the interest rate of each scheme..
Post Office Small Saving Scheme: The Post Office Scheme is also a very good option for investment. Post Office offers many types of investment schemes. In such a situation, investors have a question in their mind that in which scheme they should invest.
Let us tell you that the interest rates of the Post Office Scheme are updated every quarter. Yes, there are revisions in interest rates every quarter. The interest rates for the second quarter of the current financial year 2024-25 i.e. July to September were also updated earlier. The interest rate for October to December will be announced by the end of September.
If you are also thinking of investing in Post Office Scheme, then we will tell you the latest interest rates of all the schemes. With this, you will be able to know in which scheme you are getting more interest.
About Post Office Scheme
Many investment schemes are offered in the post office. By going to the post office, you can invest in small savings schemes like Fixed Deposits, Recurring Deposit, Monthly Income Deposit, Senior Citizen Saving Scheme, Sukanya Samriddhi Yojana, National Saving Certificate, Kisan Vikas Patra, Mahila Samman Saving Certificate.
All these schemes offer interest ranging from 6.7 percent to 8.2 percent. Apart from the high interest rates, many other benefits are available in the post office scheme.
Post Office Saving Account
Like a bank, you can also open a savings account in the post office. In the current second quarter, the post office is giving 4 percent interest on savings accounts.
Post Office Fixed Deposit Scheme
If you get a fixed deposit (Post Office FD Scheme) done in the post office, then you get high interest. In this scheme, you get 4 types of interest. Yes, 6.9 percent interest is being given on the scheme maturing in 1 year. At the same time, 7.5 percent interest is being given on the scheme maturing in 5 years. Similarly, 7 percent interest is being given on 2-year FD and 7.1 percent interest is being given on 3-year FD.
Post Office Recurring Deposit Scheme
The Recurring Deposit Scheme of the Post Office is a kind of SIP of Mutual Fund. Although this scheme matures in 5 years, but you can also extend it for 5 years. This means that the facility of extending the investment time is given in it. Currently, 6.7 percent interest is being offered in this scheme. This interest is applicable for July-September 2024.
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