New Delhi: There are various ways to save or invest money now. However, many still blindly trust the Post Office in terms of investment. As there is financial security in investing in these government institutions, huge returns are also available.

One of the most reliable options among small savings schemes is the post office scheme. Find out how much profit you will get if you invest in any post office scheme- The central government has announced an interest rate of 8.2 percent per annum for the post office scheme for the April-June quarter. From senior citizens to children, investments can be made in various post office schemes.

Saving Schemes for Senior Citizens- Post Office has Saving Schemes for Senior Citizens. At present, the highest interest rate available in Post Office is the Senior Citizen Scheme. The scheme pays interest at the rate of 8.2 percent per annum.

Interest is paid quarterly, which can become a regular source of income for retirees. Sukanya Samriddhi Yojana- Post Office has Sukanya Samriddhi Scheme to secure the future of girl children. It pays interest at the rate of 8.2 percent per annum.

A minimum annual deposit of Tk 250 and a maximum of Tk 1.5 lakh can be deposited in this account. The tenure of the account is 15 years. The scheme matures at the age of 21 years of the girl child.

National Savings Certificate – National Savings Certificate (NSC) investors earn interest at 7.7 percent per annum. 5 years duration of this scheme. Interest in this scheme is calculated at compound annual rate and the amount is available after the maturity.

It is a good option for investors who want to save tax as well as profit from safe investments. Monthly Income Scheme – Post Office also has Monthly Income Scheme (MIS). It is suitable for those who want to earn regular monthly income in return for investment.

The scheme currently earns interest at 7.4 percent per annum. It has a lock-in period of 5 years. It is suitable for low risk investments.