Many types of schemes are offered under the Post Office Scheme. This is a safe investment platform. You get guaranteed returns in any scheme of the post office. Today we will talk about such a scheme through which you can become a millionaire by investing Rs 50. We will understand this with the help of calculation.
New Delhi. Through the post office, you can make a small fund big. You can become a millionaire by saving just 50 rupees every day through this scheme of the post office. We are talking about the Post Office RD Scheme.
Often we want to invest, but stop at the thought that a big fund will be needed for this. This is completely wrong.
The RD scheme of the post office is so amazing that you can become a millionaire even by investing 50 rupees in it. Let’s understand this with the help of calculation.
See the complete calculation here
You can create a big fund by saving Rs 50 every day. If a person saves Rs 50 every day, he will save Rs 1500 every month. You can become a millionaire by investing this savings in the post office. We have given below Rs 1500 fund and you can invest it in post office RD.
Calculation
Investment amount – ₹ 1500 every month (saving Rs 50 every day)
Return – 6.7 percent
If a person saves Rs 50 every day and adds Rs 1500 in a month. At the same time, if he invests it in post office RD every month, then according to 6.7 percent return, you get Rs 1,78,415 after 5 years. With this, you will get a total return of Rs 28,415. In this way, you can become a millionaire by saving Rs 50.
If you invest Rs 1500 for 3 years, then you get Rs 99,874 at the rate of 6.7 percent return. You will get a total return of Rs 9874.
Basic information related to Post Office RD
Post Office RD scheme is an excellent option for investment. You can include it in your portfolio as a safe investment. You can start this scheme with an investment amount of Rs 100. There is no limit on the maximum investment amount in it. Its tenure is 3 years, but it can be extended for 5 years.
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