Iam explaining the uses of post office and the post office saving schemes.
Several types of post office saving schems available. some are recurring deposit,monthly interest scheme and term deposit.
Like bank several schemes are available in post office also.
Post office is not only used for issuing letters. There are several uses other than issuing letters. There are several post office schemes are available.
Saving Book
In post office saving book facility is available. You can save any amount of money at any time.
Recurring Deposit Scheme
In recurring deposit you can save 10 or multiples of 100 every month for a particular time period of 5 years. if you save 200 rs then you get 14000. if you save 2000 you get 140000. Premature closure is also available in recurring deposit scheme. half withdrawal also possible after 3 years.
Term Deposit
One year term deposit scheme is also available. you can change the time period for 2 years 5 years also. It is like fixed deposit in bank. Premature closure is also available. You can earn money every month.
if we do not know about the schemes post office agends are help us to create new account. They are earning money through adding members to the scheme and helping the members to join in schemes.
Life insurance scheme also available in post office. It is like Life insurance Corporation LIC scheme. some schemes linked with lic also.
Speed post - Speed post is used sending the mails very fastly.
Postage cards are very less cost of 50 paise. We can send whatever we want in letters, postage cards or speed post.
Postman is our friend. Postman delivering posts daily. They use cycle or scooter or bikes.
My father thought me and my family for saving money. We can enjoying the benefits of post office schemes. So iam sharing the details with you.
If any one not know about post office schemes it is very useful. Join in post office scheme and enjoy the benefits. Saving money is a very good habit in life. It teaches us to face the life. So save the money friends. ok.
Have a happy day. Have a happy life.