Post office schemes are considered very good in terms of investment. Here you will find all the investment options from children to the elderly. The bank takes the guarantee of the post office scheme.
That is, there is no guarantee of money growth in them and there is no risk of drowning. From July 1, the government has also increased the interest on post office RD. Now this scheme will get interest at the rate of 6.5, which was till now getting at the rate of 6.2. RD scheme has been started in the post office for 5 years. You can start investing in it from Rs 100. Let us tell you that with the new interest rate, how much profit will be available on RD of Rs 2000, 3000, 4000 and 5000 in the post office?
RD of Rs 2000
If you start an RD of Rs 2000 every month, then in a year you will invest a total of Rs 24000. The total investment in 5 years will be Rs.1,20,000. If interest is calculated on this according to 6.5, then in 5 years you will get Rs 21,983 as interest. In this way you will get Rs 1,41,983 on maturity.
RD of Rs 3000
On the other hand, if you deposit Rs 3000 every month in Post Office RD, then Rs 36000 will be invested in a year and Rs 1,80,000 in 5 years. 32,972 in the form of interest in 5 years and thus a total of Rs 2,12,972 will be received on maturity.
RD of Rs 4000
By depositing Rs 4000 every month in Post Office RD, you will invest Rs 48000 in a year. In this way the total investment in 5 years will be Rs 2,40,000. Interest of Rs 43,968 will be received on this. Including the invested amount and interest, you will get Rs 2,83,968 on maturity.
RD of Rs 5000
If you are starting post office monthly RD with Rs 5000 then you will have to invest Rs 60000 annually. In 5 years you will invest a total of Rs.3,00,000. After 5 years you will get Rs 54,954 as interest. In this way, after 5 years, adding the total deposit and interest, Rs 3,54,954 will be returned.
