Post Office Scheme: Your investment in the post office, which is counted among the big institutions of India, is absolutely safe. By investing in the post office, your money does not sink and you also get benefits in the future. Today we are going to tell you about a great scheme of the post office, which is enough to make everyone rich. The Recurring Deposit (RD) scheme of the post office is enough to give financial happiness and prosperity to everyone’s heart.
The biggest feature of this scheme is that other facilities are also being provided along with strong returns. If you want to collect a lump sum fund of Rs 17 lakh, then do not delay at all, which is like a golden offer. You can easily take great advantage of how much interest will be received in the recurring deposit scheme. Before investing in the scheme, you should know many important things.
Become rich with Post Office RD Scheme
By investing in the Recurring Deposit (RD) scheme of the post office, you can earn a huge income. People can open an account by investing Rs 100 per month. Along with this, both single and joint accounts can be opened in the scheme. Talking about the interest on investment, it is being given at the rate of 6.8 percent per annum.
You can collect a fund of Rs 17 lakh even by saving Rs 333 every day. You will have to invest about Rs 10,000 monthly. According to this, you will need to invest Rs 1.20 lakh every year.
After 5 years, your fund in the recurring deposit scheme will become Rs 5,99,400. According to the annual interest rate of 6.8 percent from the post office, you will easily get an interest of Rs 1,15,427. In 5 years, you will have a fund of Rs 7,14,827.
If you extend the scheme for 5 more years, you will get a huge amount
If you extend the Post Office recurring deposit scheme for 5 more years, you will easily accumulate Rs 12 lakh in 10 years. Along with this, if you add interest, you will get a fund of Rs 17,08,546 after 10 years, which will not cause any problem. You can easily do any work with this amount.
