Discover the Different Types of Post Office Savings Schemes 2023: पोस्ट ऑफिस की नई स्कीम में मिलेंगे लाखों रुपए, FREE जाने कैसे करें निवेश
Post Office Savings Schemes: 70% of our country’s population is living below the poverty line and every poor and middle class family member’s basic mantra is “saving”. All the poor candidates think about saving the most and Let’s implement that.
Savings schemes are offered under the post office by the Government of India to increase the income and financial assistance to the lower class and middle class families. All poor candidates can save money by investing in these savings schemes through the post office and can also get income tax benefits, so let us know what are the post office saving schemes being run by the Government of India and their benefits. How to get
Post Office Saving Schemes
Public Provident Fund Schemes are being operated by the Government of India in Post Office Saving Schemes, the time period of this scheme is 15 years. Under this scheme, all the candidates can withdraw their funds after 5 years by investing a minimum of ₹ 500 and a maximum of ₹ 1.5 lakh. This fund is mainly collected for problems like illness, higher education or change of residence so all of you can withdraw this fund whenever any kind of problem arises.
However, in this fund all individuals have the facility of partial withdrawal after completion of 7 years. You can also get a loan after 4 years in this fund of Post Office Saving Schemes. After investing in PPF funds issued under Post Office Saving Schemes, you are provided an interest of 7.1% every year.
Sukanya Samriddhi Account (SSY)
This is one of the main schemes to be operated under the Post Office Saving Schemes to secure the future of all daughters. Sukanya Samriddhi Account is opened for all girl children below the age of 10 years. After opening the account under this scheme, the time period of this account is 21 years.
For example, if you open your daughter’s account at the age of 7, then this account will mature after the daughter turns 28. After opening an account under Sukanya Samriddhi Yojana, all candidates can invest a minimum of Rs 250 and a maximum of Rs 1.5 lakh in a financial year. At present, 7.60% interest rate is provided on the amount invested in this account.
Post Office Time Deposit (TD)
If a candidate wants tax exemption, then an ambitious scheme is operated for him under Post Office Saving Schemes, the name of that scheme is Post Office Time Deposit, tax exemption is provided for all candidates under this scheme, such as This plane is like a bank fixed deposit.
Under Post Office Savings Schemes, the investor can deposit the amount under the tenure of 1 2 3 4 5 years. The maximum time period after investing under Post Office Savings Schemes Schemes is 5 years. All the candidates can invest a minimum amount of ₹ 1000 in the schemes and there is no upper limit. Under this scheme, tax benefit of Rs.1.5 lakh is provided for all the candidates.
National Savings Certificate (NSC)
If a candidate wants to get tax benefits, then the National Savings Certificate Scheme under the Post Office Saving Schemes can prove to be an important scheme because under this scheme all the candidates can invest a minimum amount of ₹ 100 but to invest in it There is no maximum limit.
Under the National Savings Certificate Scheme, the total amount of principal and interest is provided to the account holders. If a candidate invests the amount under the National Savings Certificate Scheme, then an interest of 7% is provided for it. Under this schemes all candidates can invest up to Rs 1.50 Lakhs in a financial year under which all candidates are eligible for deduction under section 80C.
Senior Citizen Savings Scheme (SCSS)
Another important scheme is operated under Post Saving Schemes, its name is Senior Citizen Savings Scheme, after investing under it, the highest rate of interest is provided to all citizens. Under this scheme, the account holder can invest a minimum of ₹ 1000 and a maximum of ₹ 1500000 at a time.
Adults above the age of 60 years and voluntary retirees in the age group of 55 to 60 years can be covered under the Senior Citizen Savings Scheme. Interest is paid quarterly under the Senior Citizen Savings Scheme. After investing under this scheme of the Indian Post Office, an interest rate of 8% is provided to all individuals. Under this scheme, tax deduction of up to Rs 1.50 lakh can be availed under Section 80C.
Which schemes offer the highest rate of interest under the Post Office Savings Scheme?
The Senior Citizens Savings Scheme offers the highest interest rate of 8% among post office savings schemes.
How much interest is provided in the National Savings Certificate Post Office Saving Scheme?
Under this scheme, an interest rate of up to 7% is provided to the account holder.