look news india
Post Office Scheme: Many government schemes are offered by the post office, which give good profits to the people after a period of time. There is almost no risk in post office schemes as compared to the stock market or other places. If you also want to earn more money without taking any risk, then today we are going to tell you about such a scheme, which will double the money invested.
This popular scheme of the post office is Kisan Vikas Patra (KVP). This scheme was started especially to give more profit. By investing in this scheme, the money doubles in a few months (Double Income Scheme). In this scheme, you can invest at least Rs 1000 in multiples of 100. The special thing is that there is no maximum limit in it. You can invest as much money as you want.
How many accounts can you open?
Both single and double accounts can be opened under the Kisan Vikas Patra scheme. An account can also be opened in the name of a child above 10 years of age. Also, a person can open any number of accounts. There is no limit to this either. Under the Kisan Vikas Patra scheme, you can open 2, 4, 6 or as many accounts as you want.
7.5 percent interest
Under this scheme of the post office, interest is decided on a quarterly basis. Currently, 7.5 percent interest is being given under this scheme of the post office. This interest is issued on an annual basis.
Get 10 lakh rupees by investing 5 lakhs
If someone invests Rs 5 lakh under this scheme and stays in this scheme till maturity i.e. 115 months, then he will get Rs 5 lakh as interest at the rate of 7.5 percent interest. This means that investors will get Rs 10 lakh on maturity. It is worth noting that tax is also included in this.
