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Big Interest on Post Office TD Scheme! Know How Much You’ll Get on ₹1 Lakh Investment

If you are looking for a safe and high-return investment, then the Post Office Time Deposit (TD) scheme can be a great option for you. It is a secure and guaranteed-return scheme, similar to bank fixed deposits (FDs). The best part is that it comes with a government guarantee, ensuring that your money is completely safe.

You can invest in this scheme for 1 year, 2 years, 3 years, or 5 years and earn different interest rates. Let’s take a detailed look at how much interest and total maturity amount you will get if you invest ₹1 lakh in this scheme.

What is the Post Office TD Scheme?

The Post Office Time Deposit (TD) scheme is a fixed deposit (FD)-like investment option, where you can deposit money for a fixed period and earn returns based on a predetermined interest rate.

This scheme offers better interest rates compared to bank FDs. Since it comes with a government guarantee, it is a risk-free investment.

Post Office TD Scheme Interest Rates (Valid Until March 2025)

Investment Period Annual Interest Rate
1 year 6.9%
2 years 7.0%
3 years 7.1%
5 years 7.5%

How Much Interest Will You Get on ₹1 Lakh Investment?

If you invest ₹1 lakh in this scheme, here’s how much interest you will earn and the total maturity amount:

Tenure Interest Earned (₹) Total Maturity Amount (₹)
1 year 7,080 1,07,080
2 years 14,888 1,14,888
3 years 23,508 1,23,508
5 years 44,995 1,44,995

So, if you invest ₹1 lakh for 5 years, you will earn approximately ₹45,000 as interest, and your total maturity amount will be ₹1,44,995.

How Much Will You Get on ₹2 Lakh Investment?

If you invest ₹2 lakh in this scheme, here’s how much interest and total maturity amount you will receive:

Tenure Interest Earned (₹) Total Maturity Amount (₹)
1 year 14,161 2,14,161
2 years 29,776 2,29,776
3 years 47,015 2,47,015
5 years 89,989 2,89,989

So, if you invest ₹2 lakh for 5 years, you will earn nearly ₹90,000 in interest, and your total maturity amount will be ₹2,89,989.

Benefits of Post Office TD Scheme

  1. Safe Investment – Backed by the Government of India, making it completely risk-free.
  2. Higher Interest Rates – Offers better returns compared to bank FDs.
  3. Flexible Investment Options – You can invest for 1, 2, 3, or 5 years.
  4. Tax Benefits – 5-year TD is eligible for tax deductions under Section 80C.
  5. Auto-Renewal Option – The deposit can be automatically renewed upon maturity.

How to Invest in the Post Office TD Scheme?

  1. Visit the nearest post office and collect the TD account opening form.
  2. Submit the required documents – Aadhaar card, PAN card, and address proof.
  3. Start with a minimum deposit of ₹1,000 (no maximum limit).
  4. Make the payment through cash, cheque, or online transfer.
  5. Once the account is opened, you will receive a TD certificate as proof of investment.

Conclusion

The Post Office Time Deposit (TD) scheme is an excellent investment option, especially for those looking for a safe and guaranteed return. It offers higher interest rates than banks, and since it comes with government backing, it is a zero-risk investment.

If you invest ₹1 lakh or ₹2 lakh in this scheme, you will get good returns over time. Additionally, the 5-year TD also provides tax benefits. So, if you are looking for a secure investment, the Post Office TD scheme can be a great choice.

Did you find this scheme useful? Let us know in the comments!

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