BusinessPhoto: News18Hi BusinessPost Office RD Scheme: Deposit ₹6,000 Monthly, Get ₹4.28 Lakh
The Post Office Recurring Deposit (RD) scheme offers a savings option for those who want to invest small amounts monthly and avoid market fluctuations. Depositing ₹6,000 every month for five years totals ₹3.60 lakh. With an estimated annual interest rate of 6.7%, the maturity amount can reach around ₹4.28 lakh. Investors should understand installment, premature withdrawal, and tax rules before investing.
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