Post Office Scheme: A fixed amount is deposited every month in RD i.e. recurring deposit. The post office is offering its customers an annual interest of 6.7 percent on the RD scheme.
Post Office Scheme: Post Office Savings Schemes: The Postal Department of India provides postal services as well as insurance and banking services. In the banking services of the postal department, accounts are opened under various types of savings schemes along with normal savings accounts. Today we will go into detail about the RD scheme of the post office here. Along with this, we will also know that if Rs 2200 is deposited every month in the RD scheme of the post office, then how much fund will be prepared in 60 months.
6.7% annual interest is being offered on the RD scheme of the post office
A fixed amount is deposited every month in RD i.e. recurring deposit. The post office is offering its customers an annual interest of 6.7 percent on the RD scheme. In this scheme, you can open an account with a minimum monthly investment of Rs 100, while there is no limit on maximum investment in it. That is, you can deposit as much money as you want in this account. Post Office RD account can be opened for any person above 10 years of age. In this, along with single account, joint account can also be opened.
Post Office RD account matures in 60 months
Post Office RD account matures in 60 months i.e. 5 years. However, it can be closed even after 3 years from the date of opening the account. If you deposit Rs 2200 every month in the RD account of the post office, then you will get a total of Rs 1,57,004 after 60 months i.e. on maturity. This amount includes Rs 1,32,000 deposited by you, as well as interest of Rs 25,004. Let us tell you that the post office comes under the central government. Therefore, all your money is absolutely safe in it.
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