Want to double your money? Checkout these post office schemes
Want to double your money? Checkout these post office schemes
Let s find out how much money you need to invest in these schemes, and how much time it will take for your money to get double. File Photo
Updated: Jul 3, 2021, 06:43 AM IST
Many are aware that the Central government has not changed the interest rates of small savings schemes for the September quarter. Notably, Post Office runs a lot of savings schemes, the best of which is that there is a guarantee from the government on it.
Today, let us tell you about all the important Post Office savings schemes. Let s find out how much money you need to invest in these schemes, and how much time it will take for your money to get double.
Post office saving schemes: Double your money in a few years, here s how dnaindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dnaindia.com Daily Mail and Mail on Sunday newspapers.
Interest rates of PPF, NSC and other post office schemes kept unchanged by govt
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Last Updated: Jul 01, 2021, 12:04 PM IST
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As per the circular, PPF will continue to earn 7.10%, the NSC will fetch 6.8%, and Post Office Monthly Income Scheme Account will earn 6.6%.
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Good news for fixed income investors as the government has decided to keep the interest rates on small savings schemes unchanged for the quarter ending September 30, 2021. This is the fifth quarter in a row that the government has kept interest rates on various post office schemes such as Public Provident Fund (PPF), National Savings Certificates (NSC), Sukanya Samriddhi Yojana (SSY) and others unchanged. This means that investors in PPF and SSY will continue to earn the same interest rate as they were earning during the quarter ending June 30, 2021. New investments into these schemes will also earn the same interest rates as in the previous quarter.
Interest rates of PPF, NSC and other post office schemes kept unchanged by govt indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
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