This scheme of Post Office is not linked to the market, due to which there is no risk regarding returns in it. Your money will never sink in this, you can invest your money without worry.
Before the corona epidemic, people did not pay much attention to investment. But since the corona epidemic has come and people have started losing jobs. Since then people are paying more attention towards savings and investments. Along with this, most of the people are always in search of such reliable scheme. In which people’s investment is 100% safe and gets maximum returns. In such a situation, we have brought information about such schemes of Post Office for you. In which you will have to invest only 10 thousand rupees and in this you will be expected to get returns of up to 16 lakh rupees. Actually the recurring deposit scheme of the post office is becoming more popular. Because it is giving very good returns. Let us know about the Recurring Deposit Scheme of the Post Office.
Post Office Recurring Deposit Scheme
This scheme is similar to Fixed Deposit. But in this you do not have to deposit all the amount in one go like FD. Rather, you can earn interest by investing a perfect amount every month in Post Office Recurring Deposit. If you also want to take advantage of this scheme, then you will get an interest of around 5.8% in it. Along with this, the interest received in it will be compounded every third month and added to your account.
Because of this it is safe investment
This post office scheme is not linked to the market, due to which there is no risk regarding returns in it. Your money will never sink in this, you can invest your money without worry.
You can start with at least Rs 100 Saving
You can start investing in Recurring Deposit account with a saving of Rs 100 every month. On the other hand, if you want to deposit money for a longer period, then multiply it by 10. There is no limit on the maximum amount deposited. At the same time, for maximum benefit, the time period of investment in it should be longer.
There will be a saving of 16 lakhs from 10 thousand rupees a month
You have to invest in this scheme for 10 years. 10 thousand will have to be invested every month, that too for 10 years, that is, if you look at the calculation, then on Recurring Deposit, according to 10 thousand rupees every month for 10 years, your total investment will be 12 lakh rupees. On this, you will get Rs 16,26,476 at the rate of 5.8% interest in 10 years. If you cannot deposit 10 thousand rupees every month, then even by depositing 3000 rupees every month, you can make it more than 5 lakhs in 10 years.