In this superhit scheme of post office, you are getting returns of Rs 10 lakh on depositing Rs 15,000.

At present, people invest a lot in the Small Savings Scheme of the Post Office. Because investing in post office gives excellent returns along with guarantee. Therefore, post office is the first choice of people in terms of investment. Because here they get the benefit of strong interest.

RD In Post Office

If you are also planning to invest, then if you invest your money in the special scheme of the post office, you get great benefits. The name of this scheme is Recurring Deposit Scheme in which you have to invest your money for 5 years. If you invest ₹ 15000 every month in it, then you get huge returns.

Recurring Deposit for Post Office

Investing in Post Office Recurring Deposit Scheme is a profitable option in the long run. Because the benefit of better interest rate can be given in this scheme. Today, if you invest in this scheme, then the post office gives you the benefit of interest at the rate of 6.7 percent on the annual investment.

Recurring Deposit

If you invest Rs 15000 every month in Post Office RD, then you are given the benefit of interest at the rate of 6.7%. In this, a total of Rs 9 lakh is deposited in 5 years on which you get the benefit of interest at the rate of 6.7%. That is, according to this, you are given Rs 1 lakh 70 thousand 487 as interest on the amount invested by you. And on the maturity of the post office scheme, the total return given to you is Rs 10 lakh 70 thousand 487.

Post Office RD

If you want to invest in Post Office RD, then for this you will have to go to your nearest post office, there you will have to apply for this scheme.

When your account is opened, you will have to pay the first deposit at the same time. To open an account in the Recurring Deposit scheme, you will also need some important documents which include Aadhar Card, PAN Card, Bank Account details. For more information you can visit your nearest post office.