Post Office Saving Scheme 2023: Small savers prefer Post Office’s various savings schemes. For middle-class people to invest their small savings, the Post Department runs several good savings schemes with good interest rates. One such good savings scheme of Post is Recurring Deposit Scheme. In which the interest rate is also high.
Post Office Saving Scheme 2023 Best Investment
Various Post office savings schemes are the preferred investment option for the middle class of the country. Post office schemes offer guaranteed returns. The post office also runs schemes in which you can get good returns by investing every month. You can save some money from your budget every month and invest in these schemes. The post office is offering customers RD i.e. Recurring Deposit, in which you have to deposit money every month. You are given the interest in it. You can start investing in it with as little as 100 rupees per month.
Post RD Interest Rate Post RD Interest Rate
Recently, the central government has increased the rate of interest on recurring deposits from 6.2 percent to 6.5 percent. The interest money earned on recurring deposits does not change much at the beginning of the investment. It has fixed interest. You just have to deposit money every month. Let’s know how much rupees you will get on depositing in RD every month.
If you invest 4 thousand every month, you will get this many rupees
If you invest Rs 4000 per month in a recurring deposit, you will get Rs 2,83,968 on maturity. If you invest 4000 per month then you have to invest 133 rupees per day. Accordingly, an annual investment of 48000 rupees has to be made. This will become 240000 rupees in a period of five years. In that, you will get an interest of Rs 43968. You can get Rs 2,83,968 back on maturity.
On depositing 2,000 rupees every month, you will get this many rupees
If you invest Rs 2000 per month in Recurring Deposits, you will get Rs 1,41,983 back on maturity. If you are investing 2000 rupees per month, you will invest 24000 rupees per year at the rate of 66 rupees per day… which will be 1,20,000 rupees in five years. In that, you will get interest of 21983 rupees. On maturity, you will get a total of Rs 1,41,983.