Bumper interest is being received on Post Office’s TD Scheme, know how much you will get after 1 year if you deposit Rs 100000
Post Office The savings scheme is quite popular among small investors. The reason for this is that there is no risk at all on investment in post office savings schemes because it is guaranteed by the government. At the same time, interest is also higher than that of banks. Today we will introduce you to a great savings scheme of the post office. Time Deposit(TD) Telling about. This is an investment scheme similar to FD of the bank. In this, investors can invest their money for 1 to 5 years. In this saving scheme, interest is available at the rate of 6.9% for 1 year, 7.0% for 2 years, 7.1% for 3 years and 7.5% for 5 years. Let us know how much money you will get on maturity if you invest Rs 1 lakh in this scheme.
How much interest will you get on depositing Rs 1 lakh?
- For 1 year deposit: You will get Rs 7,080 interest; Total maturity amount will be Rs 1,07,080
- On 2 year deposit: You will get Rs 14,888 interest, total maturity amount will be Rs 1,14,888.
- On 3 years deposit: You will get Rs 23,508 interest, total maturity amount will be Rs 1,23,508.
- On 5 years deposit: You will get Rs 44,995 interest, total maturity amount will be Rs 1,44,995.
How much interest will you get on depositing Rs 2 lakh?
- On 1 year deposit: You will get Rs 14,161 interest, total maturity amount will be Rs 2,14,161.
- On 2 years deposit: You will get interest of Rs 29,776, total maturity amount will be Rs 2,29,776.
- On 3 years deposit: You will get Rs 47,015 interest, total maturity amount will be Rs 2,47,015.
- On 5 years deposit: You will get Rs 89,989 interest, total maturity amount will be Rs 2,89,989.
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