Nowadays, investors are looking for such an investment, in which the shortest time is a good return due to consistently low interest rates. There are many post office projects that can double the money in a short period of time. Post office security yields better returns. Let’s understand all these post office projects –
1- Post Office Time Deposit
Post Office Time Deposit The investment period is 1 to 3 years. The Post Office is offering a 5.5% interest rate at the time of deposit. If someone puts money into this project, after 13 years, their money will double. This project can be invested for 5 years. For 5 years the interest rate will be 6.7%. In such a situation, your money will double in 10 years and 9 months.
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2- Post Office Savings Plan
The Post Office Savings Plan is also a credible plan. In such a situation, if someone invests in the scheme, they will get a 4.4% interest rate. In such a situation, after 18 years, you will be double.
3- Post Rd
A large number of people invest in post office RD projects. If you put money in it, your money will double in 12 years and 5 months. 5.8% interest rate is currently available on RD.
4- Post Office Monthly Plan
Currently, the Post Office Monthly Income Plan is receiving an interest rate of 6.6 per cent. Money here will double in 10.91 years.
5- Post Office Senior Citizen Plan
The Post Office Senior Citizen Scheme is getting an interest rate of 7.4 per cent. In such a situation, if senior citizens invest here, their money will double in 9.73 years.
6- Post Office PPF
PPF is a long-term investment plan. In such a situation, if you invest money here, your money will double in 10.14 years. The scheme currently offers an interest rate of 7.1%.
7- Sucanya Prosperity Project
The Sukanya Prosperity Project is also attracting people during this time. The project is currently receiving a 7.6% interest rate. In such a situation, if someone invests in the scheme, their money will double in 9 years and 6 months.
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8- Post Office National Savings Certificate
The Post Office National Savings Certificate Scheme is getting better returns this time around. Currently the post office offers a 6.8% interest rate. At this rate, the money will double in 10 years and 7 months.