Post Office ‘Dhurandhar’ Scheme – Invest ₹15,000 to Build ₹25 Lakh Fund, Apply This Way

Everyone plans to save and invest some part of their income. Which will not only reduce the risk, but also give good returns. The government has launched small savings schemes for people of all ages through the post office. Which offer safe investment and excellent returns. That is why the various schemes of the post office are quite popular among the customers. One such government scheme is the Post Office Recurring Deposit Scheme. Which has proven to be helpful in accumulating a considerable amount of money through regular investment.

Excellent interest rate

Looking for a risk-free investment option? Then the Post Office Recurring Deposit Scheme (PO RD) can be great for you. No matter how much you invest, the government itself guarantees protection. As a result, there is no possibility of losing your money. The government offers a great offer in this scheme. An account can be opened in a recurring deposit with an initial investment of just Rs 100. Although there is no maximum investment limit.

How to deposit Rs 25 lakh?

Do you know how you can deposit Rs 25 lakh by investing in this scheme of the post office? The calculation is very simple. To save this amount using the Post Office RD Calculator, you will have to invest 15 thousand taka every month. If you invest this amount in the RD scheme every month, your total savings will be 10 lakh 70 thousand 492 taka at the end of the 5-year period. You will earn 1 lakh 70 thousand 492 Rs from interest alone.

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If this monthly investment is extended for the next 5 years, i.e. a total of Rs 15,000 is invested every month for 10 years, the interest income will be Rs 7,52,822. Adding this interest income, the total deposit amount will be Rs 2,56,822.

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Loan facilities are also available

The Post Office Recurring Deposit Scheme offers many more benefits. You can open an account for this scheme by visiting any nearby post office. Among other benefits, investors are given the facility to close the account before the expiry of the stipulated period of 5 years. Also, loan facilities are available on investing in this scheme of the Post Office and 50% of the deposit amount can be taken as a loan if the account is open for only 1 year. The interest is also paid at the rate of only 2%.