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Forget Bank FDs: This Post Office Scheme Offers 90,000 Interest on 2 Lakh Deposit
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Forget Bank FDs! Post Office Scheme Offers ₹90,000 Interest on ₹2 Lakh Deposit
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News18
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20-03-2026, 09:00
Forget Bank FDs! Post Office Scheme Offers ₹90,000 Interest on ₹2 Lakh Deposit
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Central Government's Post Office schemes provide secure and easy investment options for middle-class individuals.
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Post Office Fixed Deposit (Time Deposit) offers up to 7.5% interest, higher than many major banks.
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A ₹2 lakh deposit in a 5-year Post Office FD yields ₹89,990 in interest, totaling ₹2,89,990 at maturity.
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Interest rates vary by tenure: 1 year (6.9%), 2 years (7.0%), 3 years (7.1%), and 5 years (7.5%).
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These schemes are government-guaranteed, ensuring complete safety of your investment.
Read Full Article on News18 in Hindi
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