Best Post Office RD Plan: Invest ₹100 & Earn Big in 5 Years
Written By: Mobin
Start investing in Post Office RD scheme with ₹ 100 and get safe returns after 5 years with 6.7% annual interest.
Features
Post Office RD scheme is guaranteed by the Government of India, so that your money remains completely safe and you get fixed returns.
Investment
This scheme is beneficial for small investors, because by depositing small amounts every month in it, a big fund can be prepared for the future.
Savings
6.7% annual interest rate is given with quarterly compounding, which increases your investment and gives more profit.
Interest
Depositing ₹1000 in 5 years will give ₹71,000, ₹1,42,732 on ₹2000, ₹3,56,830 on ₹5000 and ₹7,13,660 on ₹10,000.
Returns
Talking about the required documents, Aadhaar card, PAN card, bank passbook and passport size photo are required to open an RD account.
Required documents
अभिषेक
Go to the post office and fill the RD form, submit the documents and open the account by depositing the first amount. Deposit the amount on time every month.
Account opening
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