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Post Office Schemes: Earn High Interest With Minimum Investment
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Kisan Vikas Patra Eligibility, Interest Rate and Returns
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Post Office Scheme: Earn Rs 4950 on your investment under THIS plan, know how
In this, if anyone opened a joint account under the given scheme and deposited up to Rs 9 lakh in it, then they can earn Rs 4,950 every month. , File Photo
Updated: May 16, 2021, 04:57 PM IST
Post Office Schemes are time-tested and are in a way safe investment schemes. Post Office offers many beneficial schemes to keep your money safe and give more benefit than any other sources.
One of such schemes offered by the Post Office is the Monthly Income Plan (MIPs) that offers a great return in a given period of time. Investors get to make a certain amount every month with this scheme.
Post Office schemes: Check interest rates and tax benefits on saving schemes
All the post office investment schemes are tax-exempt under Section 80C, i.e. tax exemption up to Rs. 1,50,000 is allowed. (Image Source: File Photo)
Updated: Apr 27, 2021, 12:42 PM IST
If you are thinking of investing in risk-free saving schemes then here s your chance to do some investments. Post Office Investments include a number of saving schemes that provide a high rate of interest as well as tax benefits and most importantly, carry the sovereign guarantee of the Indian Government.
Among the Post Office schemes, National Small Savings Schemes are very popular. In these small savings schemes, people make moderate investment and get assured returns. The interest rates on small savings schemes are decided by the Union Ministry of Finance.
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