Post Office Scheme: This scheme post office is awesome, deposit 500 rupees every month, and you will get this much money after 5 years

Nowadays many people are investing in mutual funds or stocks to secure their future. If you are looking for an investment option that will give you good returns, then this information will be very beneficial for you. Many people in rural India invest in post office schemes because they have low risk and give good returns. Today we will introduce you to a great post office scheme.

Post Office Rd Scheme

The post office offers a variety of schemes, but we will focus on the Post Office RD (Recurring Deposit) scheme, which is a savings scheme. This scheme allows customers to start investing with as little as Rs 100, and there is no upper limit on the amount that can be invested. Moreover, it also offers attractive interest rates.

Invest Rs 500 every month.

If you invest Rs 500 every month in the Post Office RD scheme, you will accumulate Rs 6,000 in a year. Your total investment in five years will be Rs 30,000. The post office offers an interest rate of 6.7% on this amount. Based on this interest rate, you will get a total interest of Rs 5,683 after five years. Thus your total maturity amount will be Rs 35,683.

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