Post Office RD Scheme: As we all know, in this today’s era individual do invest for making their future safe and secure. An Individual invests only in that world where he perceives his money is safe as well as returning a good profit. Let us tell you that the recent Recurring Deposit scheme of the Post Office is very much among the safest means of investment at present. Let me tell you that under this scheme you can collect approx Rs 8 lakh by depositing only 5 thousand. Let’s find out more about it.
This much interest is available in this scheme of post office
For your information, the hiked interest rate of Post Office Recurring Deposit Scheme this year 2023 is given by the central government because 6.2 percent interest was available on investment through that scheme, but the government hiked the interest rate last year, and now it is 6.7 percent interest rate on this scheme. For you to understand, every year post office keeps changing interest rates for all its schemes. It may influence your investment.
This is how you will get 8 lakh rupees
If you really want to make Rs 8 Lakh from an investment of just Rs 5,000, then here’s how it can be done. Under this RD scheme, for the next 60 months, putting aside that amount of Rs 5,000 every month, you will have accumulated Rs 3,56,830 at the end of the term at the rate of 6.7 percent interest. Now, if you invest another Rs 5 into this scheme, you will end up with a whopping Rs 8,54,272.
you will get loan easily
You will need to visit your nearest post office in order to open an account under this RD scheme. You should also keep in mind that you can invest even as little as 100 in this scheme. If you deposit for 1 year in this scheme, then you can also get around 50 percent of your deposited money as a loan.
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