Post Office RD: If you do not believe in schemes like share market or mutual funds, then you can invest safely in this place. This is the recurring deposit scheme of the postal department. With the help of this scheme, you can make a safe investment.
With this, after maturity, you will get a lot of profit. This scheme of the postal department can give you better returns on a little investment. This scheme can be easily taken from any post office. Through the post office RD scheme, you can get better returns with less investment. Money is going to be completely safe in this investment. You can also invest 100 rupees a month in this scheme.
There is no limit on the amount of investment. You can invest as much as you want in this scheme. This post office scheme gives better interest. At the same time, its installments are also small.
This much interest will be received on RD
Post office RD account is opened for five years. It cannot be opened for a short time. In this, interest is calculated on the deposited money every three months. It is added to the interest along with compound interest in your account at the end of every three months. According to the post office scheme, 5.8 percent interest is available on the RD scheme.
How much profit
As an example, if any investor invests ten thousand rupees every month and this process continues for ten years, then he will get an amount of more than 16 lakhs on maturity. If seen in this way, in ten years an investor can get a good amount from a small investment.
