Post Office Saving Scheme: Invest ₹2,000 Monthly and Receive ₹22,732 Guaranteed
Deposit ₹2,000 Every Month, Get ₹22,732 on Maturity, Know This Post Office Scheme:Post Office RD Scheme (India Post) is a popular savings scheme supported by the Government of India. It is a safe and reliable option for people who want to save a small amount every month and earn guaranteed returns. Since it is not linked to the stock market, your money is protected from market risks.
In this scheme, you deposit a fixed amount every month for 5 years (60 months). The scheme offers an interest rate of 6.7% per year, which is compounded quarterly, helping your savings grow steadily over time. You can start investing with just ₹100 per month, in multiples of ₹10, and there is no maximum limit on investment.
An adult can open a Post Office RD account, and minors aged 10 years or above can also open an account in their own name. Joint accounts are allowed, but NRIs are not eligible. Deposits can be made through cash, cheque, or online transfer, and you can even pay multiple installments in advance.
If you invest ₹2,000 every month for 5 years, your total investment will be ₹1,20,000. On maturity, you will receive around ₹1,42,732, which includes ₹22,732 as interest. This makes the Post Office RD scheme a good choice for people looking for safe and disciplined savings.
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