Investing wisely is crucial to growing your wealth over time. One of the most secure investment options in India is Post Office Savings Schemes, backed by the government. Many investors are curious about the possibility of investing ₹4 lakh and receiving ₹12 lakh in return. This guide will break down the best Post Office investment options, calculations, and everything you need to know to achieve this goal.
Post Office Scheme Invest 4 Lakhs and Get 12 Lakhs
| Feature | Details |
|---|---|
| Investment Amount | ₹4,00,000 |
| Maturity Amount | Up to ₹12,00,000 |
| Best Schemes | Kisan Vikas Patra (KVP), National Savings Certificate (NSC), Public Provident Fund (PPF), Post Office Monthly Income Scheme (POMIS) |
| Interest Rates | 7.1% – 7.7% per annum (as of 2024) |
| Government-Backed? | Yes, fully secured |
| Tax Benefits | Available on NSC & PPF under Section 80C |
| Official Website | India Post |
Investing ₹4 lakh in Post Office schemes can help you grow your money securely and efficiently. Whether you choose KVP for doubling returns, NSC for tax savings, PPF for long-term wealth, or POMIS for fixed income, each scheme provides low-risk and guaranteed returns. By reinvesting wisely, you can achieve your ₹12 lakh goal within 10-15 years.
Understanding Post Office Investment Schemes
The Post Office Savings Schemes are designed to provide safe and attractive returns with government security. Let’s explore the top investment options where ₹4 lakh can grow to ₹12 lakh over time.
1. Kisan Vikas Patra (KVP) – Double Your Investment
- Interest Rate: 7.5% per annum
- Maturity Period: 115 months (9 years, 7 months)
- Key Benefit: Money doubles automatically at maturity
If you invest ₹4 lakh, it will double to ₹8 lakh in 115 months. By reinvesting, the amount can reach ₹12 lakh in another 5 years.
How KVP Works?
- Visit your nearest Post Office.
- Fill out the KVP application form and provide KYC documents.
- Invest the desired amount.
- Wait for maturity and withdraw the funds.
2. National Savings Certificate (NSC) – Safe & Tax-Beneficial Investment
- Interest Rate: 7.7% per annum (compounded annually)
- Maturity Period: 5 years
- Tax Benefit: Eligible under Section 80C
If you invest ₹4 lakh, in 5 years, it will grow to around ₹5.93 lakh. If reinvested, it can reach ₹12 lakh within 11 years.
How to Invest?
- Open an NSC account at your nearest Post Office.
- Provide identity proof and address proof.
- Deposit your money and receive a certificate.
- Hold it for 5 years to receive the maturity amount.
3. Public Provident Fund (PPF) – Long-Term Wealth Builder
- Interest Rate: 7.1% per annum
- Maturity Period: 15 years (Extendable in 5-year blocks)
- Tax Benefit: Completely tax-free under Section 80C
By investing ₹4 lakh in PPF, over 15 years, your investment can grow to over ₹12 lakh due to compounded interest.
Steps to Open a PPF Account:
- Visit a Post Office or Bank.
- Submit ID proof, PAN, and a passport-sized photo.
- Deposit a minimum of ₹500 to ₹1.5 lakh per year.
- Wait for maturity and withdraw the amount tax-free.
4. Post Office Monthly Income Scheme (POMIS) – Fixed Monthly Income
- Interest Rate: 7.4% per annum
- Maturity Period: 5 years
- Maximum Investment: ₹9 lakh for single, ₹15 lakh for joint account
If you invest ₹4 lakh, you will receive ₹2,466 per month as a fixed income. You can reinvest this amount to achieve the ₹12 lakh goal over time.
see also: PNB FD Scheme Customers are getting this much interest on 300 days FD
Which Post Office Scheme is Best for You?
| Investment Scheme | Best For | Potential Returns |
|---|---|---|
| KVP | Safe, Double Returns | ₹4L → ₹8L in 9.7 years, then ₹12L |
| NSC | Tax-saving & Compounded Growth | ₹4L → ₹5.93L in 5 years, reinvest for ₹12L in 11 years |
| PPF | Long-term, tax-free wealth | ₹4L → ₹12L in 15 years |
| POMIS | Fixed monthly income | ₹4L earns ₹2,466/month |
see also: After how many years of depositing 10 thousand rupees, you will get more than 16 lakh rupees
Post Office Scheme Invest 4 Lakhs and Get 12 Lakhs FAQs
1. Can I withdraw money before maturity?
Yes, but premature withdrawals have penalties. KVP allows early withdrawal after 2.5 years, while NSC has a lock-in period of 5 years.
2. Which Post Office scheme is best for tax benefits?
PPF and NSC qualify for tax deduction under Section 80C. PPF interest is completely tax-free.
3. How do I calculate my maturity amount?
You can use the official India Post Calculator here to estimate returns.
4. Is there a risk in Post Office schemes?
No. All Post Office schemes are government-backed and completely safe.
5. Can I invest in multiple schemes?
Yes, you can distribute your investment across KVP, NSC, PPF, and POMIS for a balanced portfolio.
