Utility News: In this scheme of the post office, you will get 13 lakh rupees in one lakh to five years, know

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Many people invest in post office schemes. They have more faith in the post office scheme. Today we are going to give you information about a post office scheme from which you can get big benefits.

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Under this scheme, you can get 13 lakh rupees in one lakh to 5 years. The post office term deposit scheme will be beneficial for you. One can invest in this scheme for different tenures up to 1, 2, 3, and 5 years. 

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According to reports, the interest rate on 5-year term deposits in post offices is 6.7 percent per annum. Accordingly, under the term deposit scheme with a maturity period of 5 years with a deposit of Rs 1 lakh, you can get Rs 139407 after five years at an interest rate of 6.7 percent per annum. The annual interest rate on term deposits ranging from 1 to 3 years is 5.5%. Under the post office scheme, a person of 18 years can open an account. However, the account of children above the age of 10 years can also be opened under the supervision of family members.