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 on 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. In this scheme, you can start investing from Rs 100. The maximum investment limit has not been fixed in this scheme.
In this post office scheme, you also get the facility of pre-mature closure. If you also want to collect funds worth lakhs by investing five thousand rupees, then for this you have to invest five thousand rupees every month after opening an account in the post office RD scheme.
You have to make this investment of five thousand rupees per month for the entire five years. In this case, you will invest a total of 3 lakh rupees. If calculated 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 extend 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 case, after ten years you will have a total of Rs 8,54,272.
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