Everyone in India is thinking about investing. In such a situation, it is important to know which scheme will give you lakhs. There is a scheme of Post Office which is considered completely safe because it is a government saving scheme and there is no limit to investment in it.
You can invest in this scheme even with less money. The name of this scheme is the Post Office RD Scheme. You get guaranteed returns from this scheme.
What is the Post Office RD Scheme
Post Office RD Scheme is a saving scheme where even common people can increase their money, that too with a guarantee. In this scheme, the government gives you an interest of 6.7% which is annual. If you deposit 100000 in this scheme, then you will get an interest of Rs 6700 annually.
This scheme matures in 5 years. You can start this scheme with a minimum of 100. In this scheme, you have to deposit money monthly, quarterly, half-yearly, or annually.
How to get 17 lakh rupees
If you invest 333 rupees every day in the RD scheme of the post office, then you will get a profit of 17 lakh rupees. Let’s know how. If you invest 333 rupees every day, then you will invest 10000 rupees in a month and 120000 rupees in a year.
In the same sequence, if you deposit more than 7 lakh rupees in 5 years. You will get interest at the rate of 6.7% on this. If you extend this scheme further i.e. for 10 years, then you will get a profit of up to 17 lakh rupees on maturity. Watch the video for more information.