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.
Highlights
The 5.5% interest rate is being offered to 1 year to 3 years time deposit (TD) of the post office and if you invest in it, then your money will double in about 13 years.
The 5.8 percent interest on the Post Office Recurring Deposit (RD) is being offered, if the money is invested and it will double in about 12 years.
The 6.6 percent interest is given on the Post Office Monthly Income Scheme (MIS) if the money is invested and it will double in about 10 years.
Post Office Saving Schemes can offer guaranteed returns which means that you can remain confident of the fact that you are not going to lose any hard-earned money.