BEST Post Office Scheme in 2023 for Investment | MIS, NSC, FD, RD Plan | Every Paisa Matters

Описание: Let's review and find the Best Post Office Scheme of 2023. The various Post Office Small Saving Schemes offer us guaranteed free returns on investment and a favorite for people who with Low Risk appetite.

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Topics Covered in the Video:
Which scheme is best in Post Office 2023?
Which is the highest interest in post office?
Which is best FD scheme in post office?
Can I double my money in 5 years?
Which scheme gives highest rate of interest?
Which FD is better post office or bank?

In this video, I have covered the following schemes:
1. Post Office Time Deposit Account (TD)
2. Post Office Monthly Income Scheme (POMIS)
3. National Savings Certificate (NSC)
4. Recurring Deposit (PORD)

Top Schemes Of Post Office | Post Office Best Scheme 2023 | Best Post Office Schemes
Post Office Time Deposit, also known as the fixed deposit scheme from Post office is an investment which is Guaranteed by the Government of India.

Post Office Fixed Deposits :-
(i) Account type for 1 year, 2 year, 3 year, 5 year.
(ii) Account can be opened with minimum of Rs. 1000 and in multiple of Rs. 100. No maximum limit for investment.
(iii) Interest shall be payable annually, No additional interest shall be payable on the amount of interest that has become due for payment but not withdrawn by the account holder.
(iv)The annual interest may be credited to the savings account of the account holder by submitting application.
(v) The investment under 5 year TD qualifies for the benefit of section 80C of Income Tax Act, 196

The National Savings Certificate (NSC) is an income investment scheme that you can open with any post office branch. The scheme is a Government of India initiative. It is a savings bond that encourages subscribers – mainly small to mid-income investors – to invest while saving on income tax.

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