Utility News: In this post office scheme, your amount will double in these months, know
If you are thinking of investing, then a post office scheme will prove beneficial for you. Your money will be doubled in this scheme. By investing Rs 5 lakh in this post office scheme, you will get the full Rs 10 lakh.
The name of this post office scheme is Kisan Vikas Patra. In this scheme, your amount will double in just 123 months.
You can open a post office account for the scheme today itself. In this scheme, investors are given interest at the rate of 6.9 percent from the post office.
You will get this rate of interest if you make a fixed deposit for 5 to 10 years. You can start investing in this scheme from Rs 1,000. The post office has not placed a maximum investment limit in the scheme.