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Post Office RD Scheme: Invest Rs 1,500 Monthly To Get High Returns
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News18•15-10-2026, 13:27
Post Office RD Scheme: Invest Rs 1,500 Monthly To Get High Returns
- •The Post Office Recurring Deposit scheme offers a guaranteed annual interest rate of 6.70 percent calculated on a compounding basis.
- •Investing Rs 1,500 per month for 5 years results in a total investment of Rs 90,000 with a maturity amount of approximately Rs 1,07,000.
- •If you invest Rs 1,000 per month, your total investment of Rs 60,000 grows to approximately Rs 71,000 after 60 months.
- •The scheme is completely risk-free and backed by the Central Government, making it ideal for middle-class and risk-averse individuals.
- •An RD account can be easily opened by visiting any nearby post office with the required documents.
Key Questions Answered
The Post Office Recurring Deposit (RD) scheme currently offers an annual interest rate of 6.70 percent, which is calculated on a compounding basis.
If you invest ₹1,500 every month for 5 years, your total investment will reach ₹90,000, and with a 6.70% interest rate, you will receive approximately ₹1,07,000 upon maturity.
The tenure of the Post Office Recurring Deposit scheme is 5 years, consisting of 60 months.
