Investing your money is very important, and every person should invest some part of his income in a good scheme. Usually, people invest in places like FD, Post Office RD, NSC, and SCSS. If you want to invest for 5 years, it is important to know which scheme will give the highest return. Let us know which of these options will prove to be most beneficial for you.

Post Office FD-

Post Office's 5-year FD is very popular among the people, as it offers an attractive interest rate of 7.5%. If you invest ₹ 5 lakh in it, you will get a total of ₹ 7,24,974 on maturity. This will give you a profit of up to ₹ 2.24 lakh. (post office fd)

Post Office RD-
In Post Office RD, you can avail 6.7% interest rate by investing Rs 8,400 every month. Your total investment in 5 years will be Rs 5,04,000, on which you will get Rs 5,99,474 on maturity. In this way, you will get a benefit of Rs 95,474. (post office RD)

Post Office NSC-

Post Office National Savings Certificate Scheme i.e. NSC is a very good scheme. This scheme gives a return at an interest rate of 7.7 percent. If you invest Rs 5 lakh in this scheme, then you will get Rs 7,24,517 on maturity. In such a situation, you will get a profit of up to Rs 2.24 lakh.

Post Office SCSS-
If you are a senior citizen, then you can invest in the Senior Citizen Savings Scheme (SCSS) of the post office. In this scheme, you will earn an interest of 8.2 percent. If you invest Rs 5 lakh for 5 years, you will get a total of Rs 7,05,000 on maturity. In this case, you will have a profit of Rs 2.05 lakh.

Disclaimer: This content has been sourced and edited from Hr Breaking. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.