Nowadays everyone is investing money in different schemes for good returns. If you also want to save some money, then you can participate in the RD scheme of the post office. This money will help you in the future with your children’s education, house money marriage, or any other work. If you want to earn big money by saving a little money, then Post Office RD (Recurring Deposit) is best for you. This scheme is especially for those who want to keep their savings safe and want to get big returns over time.
In this scheme of the post office, you deposit cash every month and after 5 years you get good cash rates. This scheme has been started by the government, so your money is completely safe. It also helps you in getting into the habit of regular savings.
How much will you get by depositing ₹ 6,000 every month
By depositing money every month, you get a return of lakhs. In this amazing scheme, you will only deposit ₹ 6,000 every month. After 5 years or 60 months, your total deposit amount will be ₹ 3,60,000 with 6.7% annual interest. After completing 5 years you will get the total amount ₹ 4,45,446. Your total interest will be ₹ 85,446. You can use this money for your children’s education, marriage, household expenses, or any major expense. This will prove to help make your future financially strong.
Opening an account online has become even easier
Some new changes have been made in the Post Office RD Scheme from January 1, 2025. Now you can also make monthly deposits by opening an account online. This will also save you time and you will not need to go to the post office again and again. If you need money quickly for any reason, then you can also close this scheme prematurely, although for this you will have to pay some money. This online facility will prove to be very convenient for you.
How to open an account
To deposit in a post office RD account, you can go to the post office, there you have to submit Aadhaar card, PAN card and address proof (Aadhaar card, PAN card and address proof). This process has now become online as well, so you can open an account and deposit money from home. This easy and fast way will help you start investing without any hassle!
Tax and benefits
The interest received on this scheme is not completely tax-free, but it is safer than other investment places. This scheme is for those who want to save their money without any worry. This scheme makes you get into the habit of regular savings and your money is safe with returns. This is the best way to save money for children’s education, marriage, or any major expense. It will help you become financially self-reliant.
Know the main reason
The Post Office RD plan is perfect for those who want to build a big fund by depositing small amounts every month. This plan is not only safe but also gives fixed returns. By depositing ₹6,000 every month, you can build a big fund in 5 years. This plan is the best way to protect and grow your money, there is no risk and no complicated process involved. It is a wise step towards making your financial future bright.