Skip to main content

House Renting Guide: Important Things to Check Before Finalizing a Rental Home

Post a Comment

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!

Comments

Post a Comment

Popular posts from this blog

Muneeb Shafi: The Young Author Making Waves in Literature

Muneeb Shafi, a rising literary talent from South Kashmir's Shopian district, is making headlines for his remarkable achievements at a remarkably young age. Despite being an undergraduate student at Guru Kashi University in Talwandi, Punjab, Muneeb has penned numerous books, novels, articles, and pamphlets, showcasing a rare literary prowess. Not confined to writing alone, he is also a proficient calligrapher, adding another dimension to his artistic abilities. The young author's contributions to the literature field have been substantial and noteworthy. His notable work includes a book titled 'Journey from 10 to Nineteen,' focusing on the complexities of adolescence. This book has garnered attention and acclaim, propelling Muneeb Shafi, also known as 'Munna Michael,' into the limelight. Born on July 15, 2004, in Shopian, Muneeb Shafi, at just 18 years old in 2022, displays a maturity and talent beyond his years. Standing at 162cm with a weight of 60kg, he prese...
Post a Comment
Read more

Supreme Court's Landmark Decision: Can a Tenant Become the Owner After 20 Years? Here's the Full Truth

Today, many people are earning extra income by renting out their properties. For some, it’s a side business; for others, a full-fledged investment strategy. But the real question is—how secure is your property when it’s rented out for a long period? A commonly asked question is: If a tenant lives in a rented house for 20 years, can they claim ownership of that property? The Supreme Court of India has now provided a clear and final answer to this question. This ruling is extremely important for both landlords and tenants. What is 'Adverse Possession'? In Indian property law, there is a concept called Adverse Possession . This rule is part of the Transfer of Property Act and the Limitation Act of 1963. According to this rule, if a person stays in continuous and uninterrupted possession of a property for 12 years (in the case of private property) or 30 years (in the case of government property), and the actual owner does not challenge it legally, the person can claim ownershi...
Post a Comment
Read more

Avdhesh Rajawat: The Breakthrough Entrepreneur Revolutionizing Lives with Success Preneur

In today's fast-paced and ever-evolving digital world, the demand for individuals with strong digital skills and entrepreneurial mindset is skyrocketing. Avdhesh Rajawat, widely known as Avi, has emerged as a prominent figure in the realm of entrepreneurship and digital skill development. With his passion for empowering others, Avi has made a significant impact on the lives of over 300 individuals, helping them acquire essential digital skills and providing opportunities to earn money online. This article sheds light on Avi's journey, his work, and his commitment to fostering digital empowerment. Early Life and Education: Born in Sawai Madhopur, Avi hails from the vibrant city of Kota, Rajasthan. His educational journey began at Vidhyanjali Academy, a reputable CBSE school in Kota, where he completed his 12th grade. Avi's strong foundation in academics laid the groundwork for his future entrepreneurial endeavors. Entrepreneurial Journey: Avi began his entrepreneurial journe...
2 comments
Read more