Post Office Schemes:The festival of Diwali is not only a symbol of light and happiness but also of wealth and prosperity. On this occasion, everyone wants Goddess Lakshmi to reside in their house and there should be rain of money. If you also want to earn profits by investing your money in the right place this Diwali, then Post Office Investment Schemes are a great option for you.

These schemes are completely safe and also give good returns. Let us know about those 5 Post Office Schemes, which can bring prosperity to your home this Diwali.

monthly income scheme

If you want a fixed income every month, then Post Office Monthly Income Scheme is best for you. In this scheme you get an interest rate of 7.4%.

You can invest a maximum of ₹9 lakh in a single account and up to ₹15 lakh in a joint account. Interest comes into your account every month, giving you the assurance of regular income. This scheme is special for those who want stable income after retirement or for regular expenses.

Public Provident Fund

Public Provident Fund (PPF) is the most popular post office scheme for long term investment and tax saving. In this you get an annual interest rate of 7.10%. You can invest a minimum of ₹500 to a maximum of ₹1.5 lakh every year.

Its duration is 15 years, which can be further extended. Besides, tax exemption is also available under Section 80C. This scheme is best for those who want a secure investment for the future.

Sukanya Samriddhi Yojana

If you want to secure your daughter’s future, then Sukanya Samriddhi Yojana is a great option for you. An excellent interest rate of 8.20% is available in this Post Office Scheme.

You can invest from ₹250 to ₹1.5 lakh every year. This scheme is helpful for daughter’s education, marriage or other big expenses. Besides, tax benefits are also available in it, which makes it more attractive.

time deposit

Post Office Time Deposit (Post Office Schemes) is similar to bank FD, but more secure with government guarantee. You can invest for a tenure of 1, 2, 3 or 5 years.

The interest rates are as follows – 6.9% for 1 year, 7% for 2 and 3 years, and 7.5% for 5 years. You can start investing with just ₹1000. Tax exemption is also available under section 80C on deposits of 5 years. This scheme is suitable for those who want fixed returns.

National Savings Certificate

National Savings Certificate (NSC) is one such Post Office Scheme, which has full guarantee of the government. It offers an interest rate of 7.7% and its maturity period is 5 years.

You can start investing with just ₹1000. The benefit of tax exemption is also available under Section 80C. This scheme is best for those who want stable returns with low risk.