Post Office's amazing scheme, you will get a direct benefit of Rs 23,500; you will have to deposit only this much amount..

If you deposit ₹1,00,000 in the Post Office's 3-year Time Deposit (TD) scheme, you will receive ₹1,23,508 upon maturity. That is, ₹23,508 directly in the form of interest. This benefit is not typically available in bank FDs, making this scheme a popular choice for many investors.

The Post Office TD scheme offers interest rates based on tenures ranging from 1 to 5 years. The most notable feature is that a 5-year FD offers an attractive interest rate of 7.5%, which is quite high these days. Banks typically offer this rate only to senior citizens, but this rate is available to everyone.

Investing in this scheme is very easy. You can start with just ₹1,000, and there is no upper limit. This means you can invest any amount. This is especially important for those who want to start with small savings and gradually increase their savings.

You can open a single or joint account under the Post Office FD scheme. Up to three people can be added to a joint account. This allows family members to invest together and build a large fund.

Most importantly, Post Office schemes are guaranteed by the Government of India. This means your money will be completely safe. In today's volatile stock market, the Post Office TD scheme has emerged as a reliable and stable option.

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