Investment Tips: If you want huge profits in short time then this option is best...
Post office Investment Tips: In today's time, people have options like SIP for investment, in which good returns are available. But still, there are many people who like to invest in those schemes where they can get guaranteed returns. If you are also looking for such a scheme, then here we tell you those investment options in which you can keep your money for a very long time. You will not have to invest time and you will also get better interest in it. Know those post office schemes that are going to give very good returns in 5 years-
Post Office Time Deposit
Post office time deposit is a great option for investment. It is also called post office FD. You get the option of FD for 1, 2, 3, and 5 years in the post office, but you get the highest profit on FD of 5 years. At present, you are getting interest at the rate of 7.5% on this 5-year FD. Apart from this, tax benefits are also available in 5-year FD. Therefore it is also called tax saving FD.
National Savings Certificate
National Savings Certificate (NSC) is also a better option for those looking for safe and guaranteed returns. A minimum investment of Rs 1000 can be made in this scheme of post office. This scheme of post office matures in 5 years. At present, interest is being given to it at the rate of 7.7%. In this, interest is deposited on an annual basis but it is paid only at the time of maturity. In this, income tax exemption up to a maximum limit of Rs 1.5 lakh is available under Income Tax Act 80C.
Senior Citizen Savings Scheme
Senior Citizen Savings Scheme i.e. SCSS (Senior Citizen Savings Scheme) is an excellent scheme for senior citizens who want better and guaranteed returns. A minimum of Rs 1000 and a maximum of Rs 30 lakh can be invested in this. This scheme also matures after 5 years. At present, interest is being given to it at the rate of 8.2%. Interest is given on the deposited amount on a quarterly basis. Apart from this, tax benefits are also available in Senior Citizen Savings Scheme. Any person whose age is 60 years or more can invest in this scheme. Apart from this, people in the age group of 55-60 years who have taken VRS and retired defense personnel, whose age is a minimum 60 years, can invest in this scheme.
PC Social media
