Post Office Savings Plan: Make Rs 60,000 Interest in 2 Years
Just like banks, the post office offers Time Deposit (TD) accounts. This is a safe savings plan with tenures of 1, 2, 3, and 5 years, providing a fixed interest rate with a central government guarantee.
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Post Office Savings Scheme
Post offices offer Time Deposit (TD) accounts, similar to banks. It's a fixed-term savings plan with a guaranteed interest rate. Backed by the government, it's a very safe investment.
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Best Savings Plan
Deposit Rs 4 lakh and get Rs 4,59,552 at maturity, earning nearly Rs 60,000 in interest. The rate is fixed. It's a safe, government-backed investment, just like a bank FD.
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Safe Investment
Start with just Rs 1,000, with no upper limit. Choose a 1, 2, 3, or 5-year term. The 5-year deposit earns 7.5% fixed interest. It's easy to open and suitable for all ages.
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Post Office Scheme
The Post Office TD account offers security, stable returns, and a government guarantee. An investment of Rs 4 lakh yields a good return. It often has higher interest than bank FDs.
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