Post Office Schemes: Along with earning money, it is also very important to invest it in the right place. In today’s age, everyone wants to invest their hard earned money in a place where the money is completely safe. Get good profit on it too. If you have Rs 2 lakh, you can invest it in Post Office Small Savings Schemes for 5 years. Here your money is fully guaranteed by the government. That is, there is no fear of losing money. The government has not changed the interest rates of these schemes for the quarter October to December 2026. In such a situation, these 4 post office schemes can be very useful for you for lump sum or regular earnings.
Post Office Time Deposit Rs. A profit of more than 77 thousand
If you want to get good profit by investing money in one go, Post Office 5 year time deposit scheme is a good way. Currently, the annual interest rate in this scheme is 7.5 percent. In this, the interest is calculated every three months, but the money is given throughout the year. If a person deposits Rs 2 lakh in this scheme, after completing 5 years he will get a total of Rs 2,77,136. If you do the calculation directly, on your Rs 2 lakh you will get a direct earnings of around Rs 77,136 from interest only.
National Savings Certificate will earn the highest
Post Office’s National Savings Certificate (NSC) is great for those who want a larger lump sum after 5 years. Currently, the scheme offers 7.7 percent annual interest. The best thing about it is that it also gets the benefit of interest on interest i.e. compounding. This whole money comes to you at once on maturity. Investing Rs 2 lakh in this will give you around Rs 2,89,807 after 5 years. That means you will get around Rs. 89,807 will get huge interest. Apart from this, people opting for the old tax system can also get the benefit of tax exemption within the prescribed limits.
Choose monthly income plan for fixed income every month
There are many people who need a small amount instead of a lump sum every month. For such people Post Office Monthly Income Scheme i.e. MIS can prove to be very beneficial. In this scheme, the government is giving 7.4 percent interest per annum. If you invest Rs 2 lakh in it, you will get around Rs 1,233 per month as interest. Thus, in 5 years you will get a total of Rs 74,000 only from interest. After completion of 5 years period, your deposited Rs. 2 lakh will be fully refunded.
Highest interest plan for senior citizens
Senior Citizen Savings Scheme (SCSS) is the best option for household elders i.e. people aged 60 years or above. Among these four schemes, this scheme is offering the highest annual interest at 8.2 percent. In this, an interest of Rs 4,100 is given to the elderly every three months for investing Rs 2 lakh. A total of Rs. 82,000 from interest only during 5 years. On maturity, the principal amount ie Rs. 2 lakh is also returned safely.
When choosing any investment option, it is most important to understand your needs. If you want a big lump sum after 5 years, you can go for NSC or Time Deposit. At the same time, MIS is the best way to meet routine expenses and SCSS for the elderly. However, before investing, be sure to be aware of the tax rules applicable to interest income.
