Post Office RD Scheme: Today, everyone is thinking about investing to secure their future. In such a situation, if you also want to keep your and your family’s future away from financial problems, then you can invest in this special scheme of the post office. Let us tell you that the RD scheme of the post office can prove to be a great option for the people. This scheme proves to be most beneficial for those who can invest a smaller amount monthly.
If you are thinking of investing Rs 2000, Rs 3000, or Rs 5000 monthly, then the question may arise as to how much benefit you can get. Let us tell you that the RD scheme of the post office is very simple and secure, in which you can start with even Rs 100.
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Know how much interest is available
Let us tell you that in this scheme, you get 6.7% annual interest, and this scheme is for 5 years. This means that every month you have to deposit a fixed amount, and after 5 years you will get compound interest and interest together. The special thing about this scheme is that your money is safe in this scheme, and the interest rate is fixed in advance. Now, let’s see how much money you can get by investing different amounts.
On investing Rs 1000 per month
If you invest Rs 1000 every month, then in 5 years you will have a total of Rs 60,000 deposited. When this scheme matures, you will get Rs 70,989. Out of this, Rs 10,989 will be just the interest part. If you reinvest this money, you can get even better returns.
On investing Rs 2000 per month
If you invest Rs 2000 every month, then in 5 years you will have a total of Rs 1,20,000 deposited. When this scheme matures, you will get Rs 1,42,732. Out of this, Rs 22,732 will be the interest part.
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On investing Rs 3000 per month
If you invest Rs 3000 every month, then a total of Rs 1,80,000 will be deposited in 5 years. On maturity, you will get Rs 2,14,097, out of which Rs 34,097 will be interest. This amount can help you meet any major expense in your life, like children’s education or other necessary expenses.
Why is the RD scheme of the post office special?
The RD scheme of the post office is special because there is no risk in it. The fluctuations in the bank or stock market do not affect the post office. In this, you can start with Rs 100 as per your convenience and gradually increase the investment. This scheme is especially for those who want to get a big profit from their small savings.