What are Post Office Investments?

You can achieve good investment returns with the use of a post office investment plan. The holding period for this plan is five years, and the annual interest rate ranges from 4 to 8%.

Benefits

As they are governed by the state and have set and assured returns, post office savings plans are quite secure.

The majority of these funds have no set maturities and can be cashed by any individual at any moment with the proper documentation and id.

Even those who are less privileged can take advantage of its advantages thanks to the modest minimum deposit requirement of just 50 rupees.

There are postal facilities practically everywhere, therefore even in rural areas of India, the range is greater