The country’s largest government organization, the Post Office runs several government schemes. In which crores of people of the country invest and benefit. At this time, a scheme of post office is becoming very popular among investors.
New Delhi: Post Office RD Scheme: The largest government organization of the country, Post Office runs several government schemes. In which crores of people of the country invest and benefit. At this time, a scheme of the post office is proving to be a hit for investors. The post office scheme is getting a huge return on investment over five years. The government has also increased the interest rate for this quarter. Investors are getting 6.5 percent interest in this post office scheme. We are talking about Post Office RD scheme. Where big return is getting.
Let us tell you that you will get such a benefit on an investment of 10 thousand that according to the Post Office RD scheme, if an investor invests 10000 rupees every month in this scheme, he will get 7,10,000 rupees after five years. He will deposit six lakh rupees in five years and get 1 lakh 10 thousand rupees as interest.
Rupees to be deposited from this date
If you open RD account in post office between 1st to 15th then you have to invest on 15th of every month. If you open an account on 15th then after 15 days money has to be deposited till the end of the month.
New interest rate applicable from July 1
The new interest rate of post office has been implemented from July 1. Annual interest is availed in this scheme. But it is calculated on quarter basis. The government sets its interest rate at the beginning of every monthly quarter. Recurring Deposit Scheme of Post Office is for 5 years. It can be extended again for five years.
