Post Office Savings Schemes: The Post Office is no longer limited to postal services only, because it also runs many schemes to make people rich. It also provides insurance and banking services. By investing in the post office, you get good interest, which works to make people rich.
You must be aware of the RD scheme of the post office. If you invest by joining the RD scheme, you will get great benefits. If you invest in this scheme at the rate of Rs 2200 every month, then you can create a good fund in five years, i.e. 60 months. Investors are showing interest in the RD scheme of the post office. You can know below how much interest is being given in this scheme.
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Strong interest is being taken in the RD scheme.e
Strong interest is being given to a fixed amount in the RD scheme of the post office. Like the post office, 6.7 per cent interest is being given to its customers every year. The most important thing is that you can open an account with a minimum monthly investment of Rs 100. There is no maximum investment limit in this.
Therefore, you can earn as much money as you want from this account. In the RD scheme of the post office, an account can be opened for any person above 10 years of age. There is also a facility to open a joint account in this. The RD account matures in 60 months. The special thing is that it can be closed after three years of opening.
How much money will you get in 5 years?rs
If you open a post office RD account, it matures in 60 months, i.e. 5 years. The account can be closed easily after three years of opening it. If you invest Rs 2200 every month in this post office account, then after years ars i.e. 60 months, you will get a total of Rs 1,57,004 on maturity.
This amount includes the Rs 1,32,000 deposited by you and also the interest of Rs 25,004. Your investment here will be safe because the post office works under the government.