Post Office TD: Earn ₹2 Lakh+ Interest Safely on ₹5 Lakh Investment

• Post Office Time Deposit (TD) scheme offers a safe, government-backed investment with attractive interest rates.
• Interest rates vary by tenure: 1 year (6.9%), 2 years (7%), 3 years (7.1%), and 5 years (7.5%).
• A ₹5 lakh deposit for 5 years yields over ₹2 lakh in interest (total maturity ₹7,24,974) at 7.5% interest.
• Minimum investment is ₹1,000 with no maximum limit; accounts can be single, joint, or for children over 10.
• 5-year TD investments qualify for tax deductions under Section 80C.

Why It Matters: Learn about a safe government investment offering high returns and tax savings.