Post Office RD Scheme: The working class or middle class in the country likes the post office scheme very much. In post office investment, you get guaranteed returns with security.
There are many schemes available for investment in the post office. If you invest even a small amount monthly in the post office, you can get guaranteed returns in a few years. One such scheme is Recurring Deposit. In this you can start investing from Rs.100 only.
Recently, the government has increased the interest on recurring deposits from 6.2 per cent to 6.5 per cent. The amount with which you start the RD, you have to invest the same amount every month till it matures. Let us tell you that if you start a monthly RD with an amount of 2 thousand, 3 thousand or 4 thousand rupees, then how much amount you will get on maturity.
You will get Rs 2,12,972 on a recurring deposit of Rs 3,000.
If you deposit Rs 3,000 every month in a recurring deposit, then you will deposit Rs 36,000 annually. If you make a recurring deposit of 5 years, then you will deposit around Rs 1,80,000. You will get an interest of Rs 32,972 on this i.e. you will get Rs 2,12,971 on maturity.
You will get Rs 2,83,968 on a recurring deposit of Rs 4,000.
If you deposit Rs 4,000 every month in a recurring deposit, you will deposit Rs 48,000 annually. If you make a recurring deposit of 5 years, then you will deposit around Rs 2,40,000. You will get an interest of Rs 43,968 on this i.e. you will get Rs 2,83,968 on maturity.
