Post Office Savings programs: If you participate in any of the seven Post Office savings programs during Dhanteras, your house will flourish

 Post Office Savings programs: If you participate in any of the seven Post Office savings programs during Dhanteras, your house will flourish

Dhanteras 2023 Post Office Saving Plans: As the holiday season approaches, we consider sending presents to our loved ones on special holidays like Diwali and Dhanteras with hopes of improving their future. The best present they can provide could be to invest for their financial future.

Dhanteras 2023 Post Office Saving Plans: As the holiday season approaches, we consider sending presents to our loved ones on special holidays like Diwali and Dhanteras with hopes of improving their future. The best present they can provide could be to invest for their financial future. You may invest during Dhanteras or Diwali in any of the several investment options that the Post Office provides. Tell us about these plans.

Constant Deposit

For anyone searching for five years of assured profits, the Post Office Recurring Deposit Account is a secure choice. A minimum of Rs 100 or any amount in multiples of Rs 10 may be invested in this plan each month. The five-year post office RD are going to receive 6.7 percent annual interest from October 1, 2023, to December 31, 2023, as opposed to 6.5 percent.

PPF Savings

Public Provident Fund (PPF) accounts may be opened at any post office or bank branch. The starting balance for this account is merely Rs 500. A maximum of Rs 1.50 lakh may be deposited in PPF every year. This account will mature in fifteen years. You may extend it for an additional five years after maturity. The PPF plan offers an annual interest rate of 7.1 percent. if you keep a 15-year PPF account with monthly deposits of Rs. 12,500. Thus, at maturity, you would get a total of Rs 40.68 lakh. You will invest a total of Rs 22.50 lakh in this, and you will get interest of Rs 18.18 lakh. The interest rate determined by these computations was 7.1% annually for a period of 15 years. If the interest rate fluctuates when the money matures, it can alter.

Women's Honor Diploma

The government offers a program called the Mahila Samman Savings Certificate specifically for female investors. Investments in this plan may be made for a period of two years, ending in March 2025. A Rs 2 lakh investment may be made under this initiative in the names of women or girls. An annual fixed interest rate of 7.5 percent is offered in this. After a year from the date of account opening, forty percent of the funds are withdrawable. When your Mahila Samman Savings Certificate matures, you will get Rs 2.32 lakh if you invest Rs 2 lakh for two years. It functions just like FD.

Vikas Patra Kisan

Interest is paid on the money invested in Kisan Vikas Patra at a rate of 7.5% annually. The minimum amount to invest in this plan is one thousand rupees. Following this, investments in multiples of Rs 100 are possible. The amount that may be invested in this has no upper limit. Creating a joint account is another way to invest. In addition, nominee facilities are offered. On its investment, the government is providing interest at a rate higher than 7%. In 115 months, the money put into Kisan Vikas Patra will quadruple. A youngster under the age of ten may establish an account under the Kisan Vikas Patra Scheme.

Senior Savings Plan for Citizens

The Senior Citizen Savings Scheme allows you to invest up to Rs 30 lakh (SCSS). At the moment, it has an 8.2 percent interest rate. You would get Rs. 20,500 per month. Senior persons used to get Rs 9,500, but now they receive Rs 20,500. Seniors who participate in this government program get money each month in the form of interest.

savings account at the post office

This plan requires a minimum commitment of Rs 500 and allows for an unlimited maximum deposit. Anyone may establish an account in their own name, either alone or in partnership with an adult. It is possible to open the account on behalf of a minor. On this initiative, the government is offering 4% interest.

Yojana Sukanya Samriddhi

In 2015, Sukanya Samriddhi Yojana was launched, marking eight years of involvement. This is a 21-year-old plan. However, the first 15 years are when the daughter's parents must make the money deposit. For six years, the account is still active even though no money has been deposited. Daughters under the age of ten have their accounts created under the Sukanya Samriddhi Yojana only in their parents' names. You may deposit between Rs 250 and Rs 1.50 lakh a year under this arrangement. With Rs 250, you may create an account under the Sukanya Samriddhi Yojana. An eight percent interest rate is being paid on this. This programme for daughters is being implemented by the government.