The government offers a large interest rate of 7.5 percent for investments in the Post office payment system, and investors have to invest in IT for 5 years.
Post -Office -special scheme: Today everyone saves a certain amount of their income and invests it in a place where their money is safe and they achieve good returns. An excellent option can prove to those carried out by the post office. Such a program is the post office payment system by can only earn up to 2 Lakh from interest in IT investment.
The government gives 7.5% interest in this program
For every age group in the mail, be it children, old people or young people or women, are operated for every age group for every age group. When we talk about the Post office deposit scheme, there is the advantage of strong returns, secure investments and tax exemption, which makes it even more popular. Money has to be invested in this program for five years. When we talk about interest, the government offers investors a great interest of 7.5 percent in this system, ie this savings program is also available in terms of return.
So much interest in different terms
As part of the Post office payment system, investors can invest for different terms of office. Money can be deposited for 1 year, 2 years, 3 years and 5 years. 6.9 percent interest will be received for one year, while 7 percent interest rates for 2 or 3 years were set for investing money. If you invest in this scheme of Post -Office for 5 years, investors receive interest of 7.5 percent.
Calculation of the earnings of 2 Lakhs of interest
This post is also something special because investors can earn up to 2 Lakh alone from interest. Its calculation is very simple. If we look at the interest in the time when an investor has invested 5 rupees in this post office system for five years, he receives a return of 2.24,974 rupees during this period and if we add it, it increases during this period when we add to RS 7.24,974. This means that you earn more than 2 Lakh from interest.
Tax exemption is also available
In the time deposit, the customer also receives the advantage of tax exemption in accordance with section 80c of the law on an income tax department from 1961. A single account or a common account can be opened in this savings program. An account for a child over 10 years can be opened through his family member. An account can be opened with at least RS. 1,000. Interest money is added annually. There is no limit for maximum investments that the more money you invest, the more your interest income is increasing.
