India Post Scheme; Post Office Savings Scheme is the most preferred scheme for safe investment and high returns. If you invest in such post office scheme plan and get good returns then you will definitely feel happy. What more do you need if you benefit from such a scheme!
Post office has such a powerful scheme that will earn you every month. You don’t have to depend on anyone else. Because the post office is offering to invest in such a scheme. The name of this scheme is Post Office Monthly Savings Scheme( Saving Scheme). By which you can earn a good income every month.
Post Office Monthly Savings Scheme is a government savings scheme in which you get interest every month. The Department of Posts or India Post runs the scheme. Now under this scheme you will earn interest at 7.4% per annum.
In this plan, you have to deposit a certain amount once and you will get interest every month. The scheme will expire after 5 years. After which you will get full refund. That means if you invest money once, you can get money every month for the next 5 years. Also you will get full refund after the expiry of five years validity. Not only that, you can reinvest that money after 5 years.
Another great thing about this scheme is that after you invest money in it, even after the expiry of the validity period, even if there is a delay in the refund due to any reason, you will get the fixed interest every month as per the rules.