Economics and Investments

New Post Office Scheme to double the money!


New Post Office Scheme to double the money!

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Post Office Scheme

New Post Office Scheme – Who does not want to invest in a safe investment option? Post office plans are one the safest investment options now-a-days. Not only senior citizens, each and everybody above the age of 18 are interested to invest in Post Office Plans. In a small number of Post Office schemes, investors get more interests than the fixed deposits.

All the things you need to know about new Post Office Scheme and it’s mesmerizing return!

This is one of the huge reasons why people prefer post office schemes rather than fixed deposits. There are few Post Office Schemes, in where people get 7% return. Some of the new Post Office schemes Senior Citizen Savings Scheme, Post Office Public Provident Fund, Sukanya Samriddhi Yojana.

Kisan Vikas Patra:-
Kisan Vikas Patra is one of the new P.O schemes, where investors can get mesmerizing 6.9% interest annually. It is one of the most profitable schemes launched by post office. It can get people 6.9% interest annually. The new scheme doubles investor’s investment money after a specific period of time.

In the new P.O scheme, Kisan Vikas Patra can double investor’s investments in 124months. Investors can deposit minimum Rs.1000. If investors deposit a few amount of money today, it will be matured exactly after 124 months.

Minimum investmentRs.1000
Maturity period124 months

FD Interest Rate Increased – These banks can give you desirable FD Rate.

If the account holder’s death happens, the account for the legal heir can be transferred to the knotted holder. If you have any questions or comments about it, you can tell in the comment box below. Keep visiting our website for more.
Written and edited by Rajeshwari.

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