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Home FINANCE Post Office’s great scheme, you can become a millionaire by investing just...

Post Office’s great scheme, you can become a millionaire by investing just five thousand rupees

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Post Office Recurring Deposit Scheme: If you want to collect a big fund by making small savings, then this news is especially for you.

Today we are going to tell you about a very great scheme of the post office, where you can collect lakhs of rupees by investing just five thousand rupees. This is the Post Office Recurring Deposit Scheme. This scheme of the post office is quite popular in the country.

By investing in this scheme, you do not have to face the dangers of any kind of market risks. At present, you are getting an interest rate of 6.7 percent by investing in the Post Office Recurring Deposit Scheme. In this scheme, you will not have to face the dangers of any kind of market risks. In this episode, let us know about this scheme in detail –

You can easily open your account in the Recurring Deposit Scheme by visiting your nearest post office. You can start investing in this scheme from Rs 100. The maximum investment limit has not been fixed in this scheme.

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In this scheme of the post office, you also get the facility of pre-mature closure. If you also want to invest five thousand rupees and collect funds worth lakhs, then for this, after opening an account in the RD scheme of the post office, you have to invest five thousand rupees every month.

You have to invest this amount of Rs 5000 per month for the entire five years. In this case, you will invest a total of Rs 3 lakh. If we calculate it on the basis of the current interest rate of 6.7 percent, then at the time of maturity, you will get a total of Rs 56,830 as interest.

After this, if you continue the investment for another five years, then the total amount deposited by you will be Rs 6 lakh. At the same time, you will get a total interest of Rs 2,54,272 on your investment. In this way, after ten years, you will have a total of Rs 8,54,272.

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