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Want to double your money? Checkout these post office schemes

Want to double your money? Checkout these post office schemes Want to double your money? Checkout these post office schemes Let s find out how much money you need to invest in these schemes, and how much time it will take for your money to get double. File Photo Updated: Jul 3, 2021, 06:43 AM IST Many are aware that the Central government has not changed the interest rates of small savings schemes for the September quarter. Notably, Post Office runs a lot of savings schemes, the best of which is that there is a guarantee from the government on it. Today, let us tell you about all the important Post Office savings schemes. Let s find out how much money you need to invest in these schemes, and how much time it will take for your money to get double. 

Here is a good recurring deposit option - The Hindu BusinessLine

Government Small Savings Schemes: Know All About Them

The interest rates are calculated on a quarterly basis and reviewed periodically by the Finance Ministry Most of us invest in some kind of small savings scheme with an aim to accumulate a good amount of money, which we would have otherwise spent in meeting our daily chores. And when the deposited money matures, we put it to some use such as house construction, buying household items, for children s higher education or their marriage. These government-backed schemes offer safe and attractive investment options to the public and mobilises resources for development projects in the country. Let s take a deep dive into these schemes.

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