Post Office RD Scheme : Generally middle class people and especially working people are thinking of saving money and they want to invest that money in a place where after some time they get good return with guarantee. That's why today we have brought you an awesome scheme in which if you invest ₹6000 per month, you will get a return of ₹4,28,197.
Best Scheme for Returns with Guarantee | Post Office RD Scheme
- In this Recurring Deposit Scheme of Post Office you get returns with a guarantee from the Govt. In this scheme you can start investing from as little as ₹100. In this scheme you get 6.7% compound interest. Apart from this, you are entitled to many benefits in this scheme which are detailed below.
Benefits of Post Office RD Scheme
- First of all, through this scheme you are provided a facility of at least ₹100.
- This Post Office RD scheme offers a compound interest of 6.7%.
- Interest is calculated every 3 months.
- Also, it is not necessary that you alone can open an account in this scheme, 3 people can also open a joint account in this scheme.
- If you want to withdraw money from this account before the maturity time, you can withdraw the money after 3 years.
- In case you suddenly need money, this scheme also provides you loan facility but the loan is available only after 3 years of investment.
- Maturity time of Post Office RD Scheme is 5 years, after five years you get the money including interest.
Conditions of Post Office RD Scheme
If you forget to deposit money in this scheme for any reason then you will be charged a penalty of Rs.1 per ₹100. Also, if you do not deposit money in this scheme for four consecutive months, then the account of this scheme will be closed automatically.
How much return will you get on an investment of ₹6000?
If you invest ₹6,000 per month regularly in this post office scheme, you get 6.7% interest. By depositing ₹6,000 per month for five years in this way, your wealth will be ₹3,60,000.
Similarly, if we calculate the interest on Rashi ₹ 3,60,000, it comes to ₹ 68,197, which means that at the end of five years, you are eligible to get a return of ₹ 4,28,197.
So friend, if the post office likes this scheme and you want to invest money in five schemes, you can go to your nearest post office to get information about this scheme and open an account for this scheme and get a good return at the end of five years.
Hope you liked this information today, if any of your friends want to save their money then share this article with them, thanks.
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