Post Office Small Saving Scheme: Invest in this superhit scheme of the government! Money will be doubled with guarantee, see details

Post Office Small Saving SchemeIn today’s time, every citizen wants to save his money, so if you get a better option to invest, then this will keep your money safe till the future. Yes, today we are going to tell you about such a scheme of Post Office Small Saving Scheme in which you will be able to get double the money by investing for a short time, the name of this scheme is Post Office Small Saving Scheme. This scheme is run for one to five years, so let us know all the other information related to this scheme.

Post Office Small Saving Scheme

Post Office Small Saving Scheme

You know that from time to time the post office department launches various schemes for its customers and this scheme is also very safe. Through Post Office Small Saving Scheme, you can get very good profits at zero risk. If any customer wants to invest for a long time, then the Kisan Vikas Patra Scheme of the Post Office will be very right for you.


Know what is Kisan Vikas Patra Scheme

This is a one time investment scheme of the Government of India, after which your money will be doubled after the specified period. This scheme is going on in big banks and all post offices of the country. The maturity period of the scheme is 124 months. To open an account in the Post Office Small Saving Scheme, you can start from 1000 rupees and no limit has been fixed for any amount you can invest in it. Let us tell you that it is invested in the form of a certificate, in which you can buy a certificate up to 1000, 5000, 10000 or 50000.

These documents will be required (Post Office Small Saving Scheme Documents)

  • There is no limit on the limit under the scheme, so if you invest more than 50 thousand then you will need a PAN card.
  • Identity Card Like: Voter ID Card, Driving License, Pan Card, Ration Card etc.
  • Aadhar card
  • Income proof such as ITR, salary slip, bank statement if you have invested more than 10 lakhs

how to buy certificate

  1. Single Holder Type Certificate: This certificate is purchased for self or for a minor.
  2. Joint A Account Certificate: Two adults can buy, in which both the holders are paid or the one who is alive.
  3. Joint B Account Certificate: Can buy two adults, in which one of the two has to be paid who is alive.

Know the specialty of Kisan Vikas Patra Scheme

  • Guaranteed Returns
  • The full amount is paid at the end of the term.
  • Tax exemption under income tax section 80C
  • The return received on this is taxable i.e. no tax is levied on the money after maturity.
  • Under the scheme, loan can also be taken as collateral or by keeping it as security.

To get information about more such government schemes visit our website Do bookmark it.

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