It is very important for everyone to make their future financially secure, and investment plays an important role in this. But if you do not have a large amount to invest, then there is no need to be disappointed! You can create a big fund even by saving a little every day. Actually, Post Office Recurring Deposit (RD) is such a great investment scheme, in which if you deposit a fixed amount every month, then you get great interest on it.
Your money is completely safe in this scheme and you can start investing even with a very small amount. Today we will give you complete information about this amazing scheme of the post office. So, if you are able to save a little every month, then this article is for you. Let’s know how you can start investing in this scheme and get the most out of it!
Post Office RD Scheme 2025
Post Office Recurring Deposit Scheme is an investment scheme in which you have to save regularly for 5 years. You can deposit a small amount in this scheme every month. This scheme is perfect for those who want to save in a disciplined way and are looking for risk-free investments.
The best part is that by investing in the Post Office RD scheme, you get the benefit of interest at the rate of 6.7 percent per annum. These interest rates are fixed by the government and are considered safe. In this way, this investment scheme is very beneficial for those who want to create a big fund from small savings.
Save ₹ 100 every day and get a bumper return of more than ₹ 2 lakh
If you save only ₹ 100 per day in the Post Office RD scheme, then every month you will have to deposit an amount of ₹ 3,000. Thus, your total deposit amount will become ₹1,80,000 in the 5-year investment period. On this amount, you will get an interest of ₹34,097 at the rate of 6.7 percent. Thus, at the time of maturity, you will get a huge amount of ₹2,14,097. See how small savings every day can give you a profit of more than ₹2 lakh. This is a great opportunity for those who want to grow their savings.
Loan facility when needed
The Post Office RD scheme not only offers savings and returns but also provides you with financial assistance when needed. If you need money during the investment period, you can take a loan after depositing 12 monthly installments. You can get up to 50% of your deposit amount as a loan. However, you will have to pay 2% more interest on this loan than the interest you get on recurring deposits. This is a good option when you need money in an emergency and do not want to break your RD.
Facility to extend Post Office RD account
If you want to continue to avail the benefits of the Post Office RD scheme even after the original period of 5 years, you can extend it for an additional period of a maximum of 5 years. In an account extended for an additional 5 years, you will continue to get the same interest rate that you were given at the time of opening the account. This ensures that you continue to get good returns on your savings.
Rules for closing the account before maturity
You can close this account anytime as per your wish. However, there are some rules that are important to know. If you close it before a full year of opening the account, you will be given interest as per the savings account (currently 4%) and not the RD interest rate of 6.7%. You can close your account after 3 years.
But, if you close it even a day before the maturity period, then even in such a situation you will be given interest as per the post office savings account. Suppose you closed your extended account after 2 years and 6 months. In such a situation, you will get interest at the rate of 6.7% for 2 years. But for 6 months, you will get interest at the rate of four percent as per the post office savings account.
