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Post Office Scheme: Save ₹300 Daily and Earn Over ₹1 Lakh in Interest!
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News18•06-10-2026, 10:17
Post Office Scheme: Save ₹300 Daily and Earn Over ₹1 Lakh in Interest!
- •By saving 300 rupees daily, you accumulate 9,000 rupees a month which can be invested in a Post Office Recurring Deposit.
- •Post Office RD is a risk-free, non-market-linked investment currently offering an annual interest rate of 6.7 percent.
- •The scheme has a lock-in period of 5 years, allowing you to deposit a total of 5.40 lakh rupees over 60 months.
- •You can start investing with a minimum monthly deposit of just 100 rupees and scale it according to your capacity.
Key Questions Answered
The Post Office Recurring Deposit scheme currently offers a 6.7 percent annual interest rate, with interest calculated on a quarterly compounding basis.
The standard maturity and lock-in period for a Post Office Recurring Deposit is 5 years, though investors have the option to extend it for another 5 years.
You can start investing in a Post Office Recurring Deposit account with a minimum monthly deposit of just 100 rupees, and there is no maximum investment limit.
