Post Office: This scheme is a money printing machine, it will make everyone a millionaire..

Post Office Scheme 2025: In today's times, when most investment options are subject to market fluctuations, everyone is looking for a scheme that not only protects their money but also provides a fixed and robust return. If you're looking for a scheme with guaranteed returns, your search ends at the post office. These government-guaranteed schemes have zero risk. One of the best schemes is the Post Office Recurring Deposit (RD) scheme, which has the potential to transform small monthly savings into a substantial sum over 5 years.

What is this scheme?
The Post Office Recurring Deposit (RD) is a monthly savings scheme. It's best suited for those who can't invest a large lump sum but want to save a fixed amount every month to build a substantial fund for the future. Under this scheme, you have to deposit a fixed amount every month for 5 years (i.e., 60 months).

Currently, the Post Office is offering an attractive annual interest rate of 6.7% on this RD scheme. The most important feature of this scheme is that the interest is calculated every month (Compounded Monthly). This means that you earn interest not only on the principal amount but also on the monthly interest, which increases your profits exponentially. This is a lock-in scheme for a period of 5 years, which ensures that your savings continue to grow in a disciplined manner.

Understand the math to earn ₹17.84 lakh in 5 years.
If an investor invests ₹25,000 every month in this scheme, they will accumulate a total of ₹15,00,000 (15 lakh) in 5 years, i.e., 60 months. At the current interest rate of 6.7% and monthly compounding, this investment of ₹15 lakh will earn a net interest of approximately ₹2,84,148. Thus, at maturity after 5 years, the investor will receive a total return of ₹17,84,148. This is a government-guaranteed scheme, so the returns are not subject to market risk. It's not necessary to start with just ₹25,000. You can build a large corpus with a smaller amount, depending on your capacity.

Investing ₹10,000 per month: You will receive approximately ₹7,13,659 after 5 years.
Investing ₹5,000 per month: You will receive approximately ₹3,56,830 after 5 years.
Who can avail the benefits of this scheme?
Another advantage of the Post Office RD scheme is its accessibility. This scheme is available to every Indian citizen.

Eligibility: Any adult Indian citizen can open a single or joint account. Additionally, parents can open and operate this account in the name of their minor child above 10 years of age.

Minimum and Maximum Investment: Investing in this scheme is very easy. You can start with a minimum amount of ₹100 per month. Importantly, there is no maximum investment limit. You can choose any monthly investment amount according to your financial capacity.

Keep these things in mind before investing:
It is very important to be aware of certain rules when investing in this scheme. Plan your investment only after understanding them properly.

Loan Facility: If you need money before the 5-year term, you do not need to break the scheme. You can also take a loan against your deposits after one year (12 installments) from the date of opening the RD account.

Premature Closure: Although this is a 5-year scheme, you can close it prematurely after three years.

Late Fee: It's important to note that installments must be paid by the due date every month. A small penalty of ₹1 per ₹100 is applicable for late installments.

Nomination: It's wise to register a nominee when opening an account. In the event of the investor's unfortunate demise, the deposit amount and all interest are easily transferred to the nominee.

Disclaimer: This content has been sourced and edited from News 18 hindi. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.