The post office offers several schemes. Investing in these schemes provides safe returns. By investing in the Post Office Small Savings Scheme, you can earn higher returns with a lower investment.

There's no safety concern with this scheme. The government guarantees the scheme's returns. You can earn lakhs of rupees just from the interest earned through the Post Office National Savings Certificate Scheme.

The Post Office's National Savings Certificate Scheme offers good returns. Currently, this scheme offers an interest rate of 7.7%. This interest rate changes every three months. This scheme also offers compound interest. This money is transferred upon maturity, making it beneficial to invest in this scheme. The lock-in period for this scheme is 5 years, so you must remain invested until then.

You can invest as little as ₹1,000 in the NSC scheme. You can invest any amount. The larger the investment, the higher the return. You can also open an account in your children's names under this scheme. Parents can operate this account. The interest earned under this scheme is transferred to your account after five years.

You can open an account under the Post Office NSC scheme by visiting a post office. This scheme also offers tax benefits. There is no tax on deposits up to Rs 1.5 lakh.

You will get Rs 5 lakh from interest

If you invest Rs 5 lakh in this post office scheme, you will earn lakhs of rupees in interest. You will get an interest rate of 7.7 percent for 5 years. After maturity, you will get a total of Rs 7,24,517. You can earn Rs 2,24,517 from interest alone. Therefore, this scheme provides only benefits. If you invest Rs 11 lakh in this scheme, you will get only Rs 4,93,937 as interest. That means you will get around Rs 5 lakh. The more amount you invest, the more returns you will get.

PC:NewsPoint