Our central government often makes efforts to make people aware about saving. Because of this, many different types of savings schemes are implemented by the government every day. In this way the government starts a savings scheme for all the people of the country according to their financial condition.
If you are a woman then you can invest in the post office scheme. For information, let us tell you that this savings scheme is very good for women. You can deposit your money in the post office scheme for up to 2 years.
If you want more information about this scheme, then you can read our complete article. Today in this post we will give you complete information about the post office scheme. So if you are a woman and looking for a suitable saving scheme then this scheme can be best for you.
post office scheme
Post Office Scheme is considered to be a very safe and excellent return scheme for the women of our country. Let us tell you that in this you have to deposit your money in lump sum. It is exactly like you deposit FD in a bank.
In this way, you get a very high interest rate on the money you deposit. Let us tell you here that this year, women are getting interest at the rate of 7.5% on investing in this scheme. So seen this way, it is a safe and good plan to invest.
Who can invest in post office scheme
As we told you that this scheme is for women. Therefore only women can invest in it. Any woman living in the country can open an account to invest her money in the post office scheme.
Here, let us also tell you that if a husband wants, he can start an account for his wife to invest money in this scheme. Here let us tell you that the most special thing about this saving scheme is that it also gives exemption on income tax.
For information, let us tell you that women get tax benefits under Act 80C of Income Tax. But you have to pay tax on the money you earn in the scheme. In this way, TDS is deducted by the Income Tax Department on interest.
Money has to be deposited in the post office scheme for 2 years.
Here let us tell you that when a woman invests in the post office scheme, the interest rate is determined by the government. Thus, at present the benefit of 7.5% interest rate is being given in this scheme.
So if you want to invest in this scheme then you can start investing with just Rs 1000. Apart from this, the maximum investment in the post office scheme has been fixed at Rs 1.50 lakh. The money you invest in this way takes 2 years to mature.
You get so much money by investing in post office scheme
When a woman invests lump sum money in the post office scheme, the woman gets a lot of benefit on maturity. For example, suppose if you have deposited Rs 1.50 lakh through this scheme. So you will be provided 7.5% interest on this.
In this way, after maturity of 2 years, you will be given interest of Rs 24033 on your money. In this way the money you will get will be Rs 174033. So if seen this way, you get a very good interest rate by investing in the Post Office Scheme. If we see, this interest rate is higher than the FD account maintained in the bank.
