In today’s life, being financially ready for the future is not a luxury, it is a need. Whether it’s for medical emergencies, your child’s education, or retirement, financial security is very important.
The Post Office Recurring Deposit (RD) Scheme, supported by the government, is a safe and trusted option. It helps small and middle-income people save money slowly and build a strong financial fund over time. One of the best savings plans from the post office is the RD scheme. If you deposit ₹10,000 every month, you can get around ₹7,13,659 in just 5 years. Let’s understand how this scheme works and why it’s a great choice for secure savings.
What is RD?
RD means Recurring Deposit. It is a small savings plan. In this plan, you put a fixed amount of money every month in a bank or post office. This money earns interest. At the end of the time, you get a big amount.
Post Office RD is a good plan because your money is safe and gives fixed returns. These plans are not linked to the share market.
Start Saving with Small Money
If you want to save money with a small amount, this plan is good. You can start with just ₹100.
For example, if you put ₹10,000 every month for 5 years, you will get ₹7,13,659 in total. In this, ₹6,00,000 is your own money and ₹1,13,659 is interest.
RD Interest Rate
The interest rate on Post Office RD from July to September 2025 is 6.7% per year. The government checks and changes this rate every three months.
You Can Take a Loan from RD
After 1 year, you can take a loan of up to 50% of your deposit. This is helpful during emergencies. But the interest on this loan is 2% more than the RD rate.