If you want to invest for safe and strong earning, then this is the tremendous saving scheme of Post Office, see the list.

New Delhi: PO Small Savings Schemes. The post office, which has been serving the country for decades, is now providing huge earning opportunity to the people, here more than one scheme supported by the government is being operated. If you want to choose a special scheme in terms of earning, then here we have brought for you information about some special post office small schemes.

post office savings account

In this post office scheme, the minimum deposit amount is Rs 500 and there is no maximum limit, due to which the government provides 4 percent interest annually. Customers who open an account get facilities like chequebook, ATM card, net and mobile banking, in which you can open a single or joint account.

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Post Office Recurring Deposit Account (RD)

People who want to earn big money by investing the smallest amount of money, then Recurring Deposit Account is special for you, here you can invest money for 5 years, here you can deposit minimum monthly amount of Rs 100 and there is no limit on the maximum amount deposited. Not there. It offers 6.5 percent interest annually, which is compounded on quarterly basis.

Post Office Time Deposit Account

There is another great scheme near the post office, its name is Post Office Time Deposit Account, in which money can be deposited for 1, 2, 3 and 5 years, due to which the minimum deposit amount here is Rs 1,000 and there is no maximum limit. Not there. The interest rates for 1, 2, 3 and 5 years are 6.9, 7.0, 7.0 and 7.5% per annum.

Post Office Monthly Income Scheme (MIS)

If you want to invest money in a special scheme, in which single or joint account facility is available, then Post Office Monthly Income Scheme (MIS) is made only for you, 5 In this scheme which matures in a yearCustomer The minimum and maximum deposits that can be made are Rs 1,000 and Rs 9 lakh, respectively, and the maximum limit for joint accounts is up to Rs 15 lakh. MIS account is getting 7.4 percent interest annually.

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