It is generally protected to put resources into government plans. There are many such plans of post office, in which you get exceptional yields alongside safe speculation.
Today we will inform you concerning such a plan of post office, in which you get great pay consistently once you contribute. In this plan of Post Office, you need to deposit single amount cash, after that consistently premium cash is gotten as benefits.
Maturity time is 5 years
In this plan of post office, both a couple can open account together. If you are not hitched then you can open this account alone. The name of this post office scheme is ‘Monthly Saving Scheme’. In this, the maturity time is 5 years for keeping singular amount cash.
How much would you be able to contribute
Your cash is totally protected by contributing here. The return got in this is some way or another not quite the same as the highs and lows of the securities exchange. In this plan, a limit of Rs 4.5 lakh (Rs 4.5 lakh) can be put resources into the name of a person. If there is a joint account of a couple, this sum increments to Rs 9 lakh.
On what premise will the cash be gotten consistently?
This plan has an interest ratet of 6.6% per annum. That is, if you deposit Rs 9 lakh, your advantage consistently is Rs 59,400. By partitioning it in a year, you get Rs 4950 consistently. The venture made in it matures in 5 years. If you need, on culmination of 5 years, you can expand it two times for 5-5 years.
How much cash will be refunded on the pre-mature account?
As we have referenced, the maturity period of this account is 5 years. Yet, if you pre-mature this account, after deducting 2% of the store sum, it is refunded following 3 years. Be that as it may, following 3 years, after deducting 1% of the sum, the cash is gotten back to you.
