Are you looking for a Post Office Scheme to Double your Money? Then, your search is over now. In this post, we are gonna talk about the Post Office Schemes which double your money.
When it comes to a safe and steady increase of our Money, Post Office is the most common choice of depositors. So, what are the names of the Post Office Schemes, which double your money? There are many schemes in Post Office which can double your money. Some of them are, Post Office Kisan Vikas Patra (KVP) Scheme, Post Office Senior Citizen Scheme, Post Office Term Deposit/Fixed Deposit, Post Office NSC Scheme.
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Post Office Kisan Vikas Patra (KVP) Scheme
Advertisements- At present, the interest rate in Post Office KVP Scheme is 6.9% per annum.
- In the Post Office Kisan Vikas Patra (KVP) Scheme, a depositor’s money doubles in 124 months, or 10 years and 04 months.
To Know all the Details about Post Office Kisan Vikas Patra (KVP) Scheme, Click here
Post Office Senior Citizen Scheme
- At present, the interest rate in Post Office Senior Citizen Scheme is 7.4% per annum.
- In the Post Office Senior Citizen Scheme, a depositor’s money doubles in around 10 years.
To Know all the Details about Post Office Senior Citizen Scheme, Click here
Post Office Term Deposit/Fixed Deposit
- At present, the interest rate in Post Office Term Deposit/Fixed Deposit Scheme is 5.5% to 6.7% per annum.
- In the Post Office Fixed Deposit Scheme, a depositor’s money doubles in around 11 years.
To Know all the Details about Post Office Term Deposit/Fixed Deposit Scheme, Click here
Post Office NSC Scheme
- At present, the interest rate in Post Office NSC Scheme is 6.8% per annum.
- In the Post Office NSC Scheme, a depositor’s money doubles in around 10 and a half years.
To Know all the Details about Post Office NSC Scheme, Click here
Post Office Recurring Deposit (RD) Scheme
- At present, the interest rate in Post Office Recurring Deposit (RD) Scheme is 5.8% per annum.
- In the Post Office Recurring Deposit Scheme, a depositor’s money doubles in around 12 and a half years.
To Know all the Details about Post Office Recurring Deposit Scheme, Click here
Post Office Monthly Income Scheme (MIS)
- At present, the interest rate in Post Office Monthly Income Scheme is 6.6% per annum.
- In the Post Office Monthly Income Scheme, a depositor’s money doubles in around 11 years.
To Know all the Details about Post Office Monthly Income Scheme, Click here
Post Office Savings Bank (SB) Scheme
- At present, the interest rate in Post Office Savings Bank Scheme is 4% per annum.
- In the Post Office Savings Bank Scheme, a depositor’s money doubles in around 18 years.
To Know all the Details about Post Office Savings Bank Scheme, Click here
- However, there are other schemes, like Post Office PPF Scheme, and Sukanya Samriddhi Scheme, but these are time-bound schemes, which means, you cannot withdraw your money before a certain period of time, even if it doubles by then.
Last Words
- If you want to double your money, then for you Post Office KVP Scheme is probably the best choice.
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