Post Office Scheme Money Guarantee Will Be Done With Double & 50 Thousand Will Get 1 Lakh Rupees 2020
Investing in a post office is considered safe. You can double your money by investing in a government run post office Kisan Vikas Patra scheme. The government guarantees to double your money in this post office scheme
◆ Investing in a post office is considered safe
◆ The Central Government runs the Kisan Vikas Patra Scheme through the Post Office
◆ Invest in this post office scheme to get double return
◆ What is Kisan Vikas Patra Scheme
The Central Government runs the Kisan Vikas Patra Scheme through the Post Office. This is a kind of certificate that anyone can buy. It is issued as a bond-like certificate. There is a double return on it. The government periodically revises these interest rates. It can be purchased from any post office across the country. There is no need to worry about losing money
◆ How long to invest
The scheme has to be invested for 124 months. In which the money you have invested doubles. The government pays 6.9 per cent interest on the scheme. You can also open an account in a joint with a single. If you invest Rs 50,000 in this scheme, you will get Rs 1 lakh after 124 months
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◆ How much can be invested?
There is no maximum limit to invest in Kisan Vikas Patra. However, your minimum investment should be Rs. You can invest any amount multiplied by Rs. The age of the investor in Kisan Vikas Patra should be at least 18 years. In addition to single, it also has the facility of joint account.
You have to wait at least 2.5 years if you want to withdraw your investment. It has a lock-in period of two and a half years. At the same time this certificate can be transferred from one person to another. It can also be transferred from one post office to another. It can also be purchased online from some banks in the country.
