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Post Office RD Scheme: Save Rs 6000 Monthly and Get Rs 4.28 Lakh on Maturity
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News18•12-10-2026, 10:30
Post Office RD Scheme: Save Rs 6000 Monthly and Get Rs 4.28 Lakh on Maturity
- •The Post Office Recurring Deposit scheme is ideal for small savers looking for safe and risk-free investments.
- •Depositing Rs 6000 every month for a tenure of five years results in a total investment of Rs 3.60 lakh.
- •At an estimated annual interest rate of 6.7 percent, the total maturity amount reaches approximately Rs 4.28 lakh.
- •Timely monthly deposits are mandatory to avoid penalties, and premature closure rules apply if funds are needed early.
- •The scheme is best suited for salaried individuals and small businessmen wanting to build a regular savings habit.
Key Questions Answered
Assuming an annual interest rate of 6.7%, depositing Rs 6,000 every month for five years results in a total investment of Rs 3.60 lakh, an estimated interest of about Rs 68,000, and a total maturity amount of approximately Rs 4,28,000.
Premature account closure in the Post Office RD scheme is generally available after the completion of three years. However, opting for premature closure may affect the interest benefits you receive.
An account in the Post Office Recurring Deposit scheme can be opened with a minimum deposit of just Rs 100 per month, with no fixed maximum deposit limit.
