Post Office RD Scheme: If you are able to save ₹ 25,000 every month, the recurring deposit (RD) scheme of the post office provides an opportunity for a unique and safe investment. This government guarantee scheme not only protects your capital, but can also give you a great return of more than ₹ 17.74 lakh in 5 years. This scheme will help you to make a habit of regular savings and will help in fulfilling your big dreams quickly.
Post Office RD is an excellent choice for investors who want to stay away from market fluctuations. The scheme comes with government guarantee, which makes your investment completely safe.
You can start investing with minimum ₹ 100 in this scheme, but a monthly investment of ₹ 25,000 is ideal for making a large amount. The duration of this recurring deposit scheme is 5 years or 60 months.
Currently, the scheme offers an attractive annual interest rate of 6.5%. This interest rate helps to grow your investment faster. Regular monthly deposits not only make your savings strong, but also strengthens you financially.
Through this scheme, any person, whether young or old, can improve their financial position in a short time. It is a low risk and government guaranteed investment option.