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Post Office RD: Save ₹300 Daily, Get ₹6.42 Lakh in 5 Years with ₹1.02 Lakh Interest.
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News18•01-10-2026, 08:36
Post Office RD: Save ₹300 Daily, Get ₹6.42 Lakh in 5 Years with ₹1.02 Lakh Interest.
- •Small daily savings can create a large fund: Investing ₹300 daily in Post Office RD.
- •Post Office RD is a secure investment option, free from market fluctuations, offering good interest.
- •A monthly investment of ₹9,000 will accumulate ₹5.40 lakh in 5 years, earning ₹1.02 lakh in interest.
- •At the current 6.7% interest rate, the maturity amount could be approximately ₹6.42 lakh after 5 years.
- •Post Office RD can be started with a minimum monthly deposit of ₹100, making it accessible to all.
Key Questions Answered
The Post Office Recurring Deposit scheme currently offers an annual interest rate of 6.7%.
By depositing Rs 9,000 every month for 5 years, your total deposit will reach Rs 5.40 lakh, and you can receive a maturity amount of approximately Rs 6.42 lakh, which includes about Rs 1.02 lakh in interest.
You can start a Post Office Recurring Deposit account with a minimum monthly deposit of just Rs 100, and the installment amount can be increased according to your income and saving capacity.
