Deposit ₹2,00,022 in Post Office and get fixed interest of ₹90,000, government guarantee

Post Office Schemes: Post office savings schemes have long been the most trusted savings schemes of the common people of the country. Even today, in the era of stock market and mutual funds, crores of people of the country deposit their hard-earned money in the post office, so that they can get the entire money back on time with a fixed and guaranteed return. The post office works directly under the central government. In such a situation, your every penny deposited in the post office is not only completely safe, but you also get fixed and guaranteed returns on it. Here we will know how to earn fixed interest of Rs 90,000 by depositing Rs 2,00,022 in the post office?

Customers of all ages get equal interest in post office

Like banks, post office also opens FD accounts for its customers. FD account can be opened in the post office for a period of 1 year, 2 years, 3 years and 5 years. FD accounts are opened in post office in the name of TD (Time Deposit). In the post office, customers are getting 6.9 percent interest on 1 year FD, 7.0 percent on 2 year FD, 7.1 percent on 3 year FD and 7.5 percent on 5 year FD. Let us tell you that in the post office, customers of all age groups get equal interest on FD accounts. Whereas, senior citizens and very senior citizens get more interest in banks.

If you deposit Rs 2,00,022, you will get fixed interest of Rs 90,000.

If you deposit Rs 2,00,022 in a post office FD scheme for 5 years i.e. 60 months, then you will get a total of Rs 2,90,022 on maturity, which includes fixed interest of Rs 90,000. Let us tell you that currently no bank in the country is giving 7.5 percent interest to common citizens on 5 year FD scheme. At least Rs 1000 can be deposited in the post office FD scheme. Whereas, there is no limit on maximum deposit. You can deposit as much money as you want in the post office FD scheme.