Every person should save a part of their monthly income and invest it in a good scheme. Investment is important in everyone’s life. The post office runs many such schemes where people can invest their money and get good returns with attractive interest rates.
The best part about post office schemes is that there is no risk of losing your money. Today, we will tell you about the Post Office RD Scheme, also known as the Recurring Deposit Scheme. This is a very useful scheme where you can earn good returns by investing a small amount every month.
Interest Rate of Post Office RD Scheme
You can start investing in the Post Office RD Scheme with just ₹100 per month. In this scheme, you have to invest regularly for 5 years. After that, you will get your full amount along with interest. The current interest rate for this scheme is 6.7% per year.
Monthly Investment of ₹3000 Gives This Much Return
If you invest ₹3000 every month in the Post Office RD Scheme for 5 years, your total investment will be ₹1,80,000. On maturity, you will get ₹2,14,097, which includes a profit of ₹34,097. This scheme is a good option for those who are not able to invest in a fixed deposit due to low savings.
Also Read
Post Office MIS Scheme: Invest ₹15 Lakh for ₹9,250 Monthly Income, Here’s How to Get Started
Post Office Monthly Income Scheme: Invest ₹9 Lakh, Get ₹5,550 Monthly for 5 Years A Safe Investment
Dailynews24 App :
Read the latest News of Country, Education, Entertainment, Business Updates, Religion, Cricket, Horoscope Here. Read Daily Breaking News in English and Short Video News Covers.
