Post Office RD Scheme: The Post Office has a scheme that provides monthly income to the people. Along with this, there is a saving option. People from every class are getting benefits from this Post Office scheme. You can save a good amount of funds through this scheme. Let us tell you that in this Post Office scheme, you can save a good amount of funds for emergencies. Actually we are talking about the RD scheme of Post Office, by investing money in this scheme, you can deposit a good amount of funds.
At present, the RD scheme is being offered by the post office along with many banks in the country. People are more interested in investing in post offices than banks. If you invest in this scheme for 10 years. You can get a benefit of up to Rs 17 lakh. Let’s know about it in detail.
Details of Post Office RD Scheme
Post Office RD Scheme is a best option. In this, people can earn big money in less time. It proves to be the best option for them. You can save money by investing monthly in this scheme. You can invest in this scheme for 5 years. The central government is offering 6.7 percent interest on it. With this, you can extend it for the next 5 years after maturity.
Let us tell you that you can invest Rs 100 in this scheme. There is no maximum limit. If you invest Rs 1000 monthly for 5 years, you invest up to Rs 60,000. If you extend it for 5 years, after 10 years, you will get Rs 1.70 lakh, including Rs 50,000 from interest.
If you think of investing 17 lakhs in 10 years, you will have to invest Rs 333 daily. This means that you will have to invest Rs 10,000 monthly.
After this, maturity is achieved in 5 years. The total investment, including interest, will be Rs 7 lakh 13 thousand. If you extend it for 5 years, the investment will become Rs 12 lakh after the maturity period of 10 years. The interest on this will become Rs 5 lakh 8 thousand 546. After 10 years, you will get more than Rs 17 lakh, including interest.
