Post Office Monthly Income Scheme | 2024
Post Office Monthly Income Scheme: So Hello friends, you all know how important it is to save money. This saving helps us in fulfilling our needs and overcomes any predicted accident or any money problem and especially for all those who are very young, so I have brought such a savings plan for all of you which is very safe and will also give you good returns.
So in today’s article we are going to know the interest rate of post office, it keeps changing every day and month, so in today’s article we are going to know what is the new interest rate of post office which is going to come from 1st July 2024 and along with that we will also know whether you should wait for it or you should invest now, so I will tell you everything in this article, so stay in this article till the end, only then you will understand it well
And we will know more and tell you which scheme will be the best and most suitable for you. So first of all let us talk about the simple saving account of the post office, i.e. we can deposit and withdraw money in it anytime. Its current interest rate is 4% and it has been going on for a long time. There is no possibility of any change in it in the future. It means if you deposit ₹ 100000 in it, you will get 104000 after 1 year.
Post Office RD Account
Now let us talk about Post Office RD AccountIt is a 5 year account in which we have to deposit money every month. If we talk about it right now, its interest rate is 6.7% and in future it is expected to be 6.8%. According to this, if we deposit ₹10000 every month in it, after 5 years we will get 7 lakh 18 thousand rupees.
Post Office MIS
Now let’s talk about the Post Office MIS i.e. Monthly Income Scheme. It is a 5 year scheme. In this, we have to deposit money once and the interest on this scheme will be paid every month. Currently, the interest rate of this scheme is 7.4%, which is likely to increase to 7.6%. So, according to this, if we invest 10 lakhs in this, then after 5 years we will get 1380020₹
Post Office Scss Account
So now let’s talk about Post Office Senior Citizen Scheme which we also call SCSS scheme. This is also a 5 year scheme. In this also we have to deposit money once and we get interest every 3 months. Its current interest rate is 8.2% and there is no hope of any increase in it. So if we invest 10 lakh rupees in this, then after 5 years we will get 14 lakh rupees.
Post office Nsc account
So if you talk about the NSC account of the post office, that is, the National Savings Certificate Scheme is also a great scheme. In this too, we get to see a 5-year scheme, but we do not get to see interest every month or after 3 months because in this, we get the full interest only after 5 years. Currently, its interest rate is 7.7% and it is likely to rise to 7.8%. So, by investing 10 lakhs in this, we get 14 lakh rupees ₹50000.
Post office FD account
Now let’s talk about the FD account of the post office. So in the post office you get to see different types of FDs. First is 1 year FD, 2 year FD, 3 year FD and 5 year FD. Currently, if we talk about the 1 year FD of the post office, its 1 year interest rate is 6.9%, which can increase to 7% in future.
If we invest 10 lakh rupees in it for 1 year, then we will get 10 lakh 71000 rupees. Let’s talk about the 2 year FD of the post office. If we talk about the interest rate of 2 year FD, then its interest is 7%, which can increase to 7.1% in future. According to that, if we invest 10 lakh rupees in it for 2 years, then it will increase to 1144000.
So, now let’s talk about the 3 year FD of the post office, its interest rate is 7.1%, which can increase to 7.1% in future. It is likely to be 7.2%. If we invest 10 lakh rupees for 3 years, then we will get 12 lakh ₹ 20000 after 3 years and you do not get tax limit in this FD.
So if you talk about 5 year FD of post office, its interest rate is currently 7.5%. There is a high possibility of it becoming 7.6% in future. If we invest 10 lakh rupees for 5 years, then we will get 1385000 rupees.
Post Office PPF Account
Let’s talk about the PPF account of the post office. Its scheme is of 15 years. It is a very popular account. Its interest rate has not increased for a long time. Currently, its interest rate is 7.1%, which is very likely to be 7.4%. If we invest 12500 rupees every month in it, then after 15 years, we will get a return of 41 lakh 50 thousand rupees.
Post Office Sukanya Samriddhi Yojana
So let’s talk about the Sukanya Samriddhi Yojana of the post office. Its interest rate is 8.2%, which is very likely to increase to 8.3%. If we invest 12500 rupees every month in it for 15 years, then after 21 years we will get a return of 69 lakh 32 thousand rupees.
So in this way I have told you all the post office schemes. If this article has helped you even a little, then take out your valuable time in the comment box and tell us some things that you did not like in it . Contact us
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