By investing in the Recurring Deposit i.e. RD scheme of the post office, you can earn a very good profit. Let us know how much return you can get by investing Rs 5000 every month in this scheme.

People invest their money in many places to earn profit by investing money. Some people invest their money in the stock market, while some people like to invest their money in bank FD. At the same time, some people invest their money in government schemes. Many government schemes are being run by the post office, in which people can invest their money safely and get returns at a fixed interest rate.

Today we are going to tell you about the Recurring Deposit i.e. RD scheme of the post office. This scheme of the post office is a best scheme for investment. In this scheme, you can earn very good profit by investing a little bit every month.

Post Office RD Scheme

The RD scheme of the post office has a maturity period of 5 years. During this time, you have to invest a fixed amount every month. In this scheme, you can start your investment with only Rs 100. The post office RD scheme gives a return at an interest rate of 6.7 percent.

Return in RD scheme on investment of Rs 5000 every month.

If you invest Rs 5000 every month in the post office RD scheme for the entire 5 years, then you will invest a total of Rs 3 lakh in this scheme. According to the interest rate of 6.7 percent, you will get a total of Rs 3,56,830 on maturity. In this case, you will have a profit of Rs 56,830.