We all plan to invest our savings in some good place. However, due to a lack of information, we often invest it in such schemes from which we do not get that good returns. If you are planning to invest your savings money in a good scheme. In such a situation, this news is especially for you. Today we are going to tell you about a very wonderful scheme of the post office. Its name is Post Office Recurring Deposit Scheme. You can earn bumper income by investing in this post office scheme. This scheme of post office is very popular across the country. Many people in the country are investing their savings in the Recurring Deposit Scheme of the Post Office. Let us know about it in detail in this episode -
At present, by investing in this scheme you are getting an interest rate of 6.7 percent. You can open an account in the Post Office Recurring Deposit Scheme with a minimum investment of Rs 100.
The special thing is that by investing in this post office scheme, you will not have to face any kind of market risks. This scheme is completely safe from an investment point of view.
In this post office scheme, any person aged 18 or above can open an account and start investing. If after opening the account you do not pay the investment amount on time. In such a case, you will be charged the default fee.
Whereas if you default four times continuously. In this situation, the account will be closed. The most special thing about this scheme is that you also get a loan facility in it.
(PC: IStock)