Post Office: Are you also planning to invest your monthly savings? Investing in RD can help you create a big fund. An amount is saved every month in RD and invested every month, giving a fixed return. Post Office RD is one of the best investment options. You can invest a fixed amount every month in Post Office Recurring Deposit. Post Office RD is giving 6.7 percent annual interest.
Investing Rs 7,000 in RD will give this much interest
By investing Rs 7,000 every month in RD, you will invest a total of Rs 4,20,000 in 5 years. You will get an interest of Rs 79,564 after 5 years and Rs 4,99,564 on maturity.
Investment of Rs 5000
Investing Rs 5,000 every month in RD will give Rs 60,000 in one year and a total of Rs 3,00,000 in five years. You will get Rs 56,830 as interest at the rate of 6.7 percent after 5 years. You will get Rs 3,56,830 on maturity.
Investment of Rs 3,000
If you invest Rs 3,000 every month in RD, you will invest Rs 36,000 in a year. Your total investment in 5 years will be Rs 1,80,000. According to the Post Office RD calculator, according to the new interest rates, you will get Rs 34,097 as interest. You will get a total of Rs 2,14,097 on maturity.
Investment of Rs 5000
Investing Rs 5,000 every month in RD will give Rs 60,000 in one year and a total of Rs 3,00,000 in five years. You will get Rs 56,830 as interest at the rate of 6.7 percent after 5 years. You will get Rs 3,56,830 on maturity.
Investment of Rs 3,000
If you invest Rs 3,000 every month in RD, you will invest Rs 36,000 in a year. Your total investment in 5 years will be Rs 1,80,000. According to the Post Office RD calculator, according to the new interest rates, you will get Rs 34,097 as interest. You will get a total of Rs 2,14,097 on maturity.
