7.0 percent interest is being received at 2 -year TD in post office
FD Calculator: Post office providing postal services also offers many types of banking services. FD accounts can be opened along with savings accounts at the post office. FD is known as TD (Time Deposit) in the post office i.e. post office. The TD of the post office is exactly like the FD of banks, in which you get a fixed amount at a fixed time. Many people in the country run savings accounts in their wife’s name to save tax. Apart from this, savings accounts are also run in the name of women in the rest of the houses. Today we will know here that if you deposit 2 lakh rupees in the name of wife in 2 -year TD (FD) in the post office, then how much will you get on maturity.
7.0 percent interest is being received at 2 -year TD in post office
TD account can be opened in the post office for 4 different periods. TD can be done for 1 year, 2 years, 3 years and 5 years in the post office. The post office is paying 6.9 percent at 1 year TD, 7.0 percent on TD of 1 year, 7.1 percent on TD of 3 years and 7.5 percent at 5 years TD. Let us tell you that at least Rs 1000 can be deposited in the post office TD scheme. Whereas there is no limit of maximum deposit. You can deposit as much money as you wish in this scheme.
If you deposit 2 lakh rupees, how many rupees will be received on maturity
All categories of customers get the same interest in the post office. Now whether it is male or female, goods citizen or senior citizen, the post office gives equal interest to all. If you deposit Rs 2 lakh in the name of a wife in a 2 -year TD (FD) in the post office, then a total of Rs 2,29,776 will be received in your wife’s account on maturity. These include Rs 2,00,000 for your investment, Rs 29,776 of interest. On the TD scheme of the post office, customers also get a fixed interest with a guarantee, which does not have any kind of up-down.
Disclaimer: This article has been written only for the purpose of information. Before any type of investment or before taking financial risks, consult your financial advisor. India TV will not be responsible for any type of risk.
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