Earn ₹17 Lakh by Saving Just ₹333! This Risk-Free Government Scheme Is a Win-Win Opportunity

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Post Office RD Scheme: Do you know that by saving just Rs 333, you can become the owner of Rs 17 lakh. Post Office has a great scheme, which gives you the opportunity to earn a lot of income from interest alone. Let’s find out what this scheme is and who can invest in it…

What is the scheme to become a millionaire?

Post Office RD (Recurring Deposit) is still the first choice of the common man. The biggest strength of small savings, long-term planning and secure returns.

Why is Post Office RD special?

This is a government savings scheme, where money is completely safe. You can get guaranteed interest by depositing a certain amount every month. It is very popular because it is risk-free.

Also read –Government Scheme Becomes a Lifeline for Daughters’ Futures, Offering a Return of Rs. 70 Lakhs on Investment, Read Details

How to get Rs 17 lakh in Rs 333?

If you deposit Rs 333 every day, i.e. about Rs 10,000 per month for 10 years, your total fund will be about Rs 17 lakh. Out of this, more than Rs 5 lakh will be earned only from interest.

Who can open an RD account?

Any Indian citizen aged 18 years or above can open this account. There is also the facility of opening a joint account in your own name, in the name of your child or in the name of a child.

See also –Government Scheme Becomes a Lifeline for Daughters’ Futures, Offering a Return of Rs. 70 Lakhs on Investment, Read Details

Features of Post Office RD

Up to half of the deposit can be taken as a loan after one year of account opening. There is also the facility of closing the account after 3 years and the option to claim money for the nominee.

Why is Post Office RD the best?

It is the best because of the high returns on a small investment, 100% protection and no market risk. It is an easy and safe way to create a large fund for the future.

Disclaimer: This is informative. Take expert advice before investing.

About the Author

Avijit

A digital media professional with 4 years of experience, skilled in online content creation, media and information work, his goal is to regularly bring updates on government projects, scholarships and jobs to his readers.

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Avijitdas@timesbull.com Author at TimesBull TimesBull
A digital media professional with 4 years of experience, skilled in online content creation, media and information work, his goal is to regularly bring updates on government projects, scholarships and jobs to his readers.
Avijit - Author at TimesBull
About the Author

Avijit

Avijit - Author at TimesBull

A digital media professional with 4 years of experience, skilled in online content creation, media and information work, his goal is to regularly bring updates on government projects, scholarships and jobs to his readers.

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