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Post Office RD: Deposit ₹300 Daily, Earn Over ₱1 Lakh from Interest Alone!
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News18•01-10-2026, 13:31
Post Office RD: Deposit ₹300 Daily, Earn Over ₱1 Lakh from Interest Alone!
- •Post Office Recurring Deposit (RD) scheme allows building a substantial fund by saving ₹300 daily or ₹9,000 monthly.
- •It is a risk-free investment option as it is not market-linked and offers a fixed rate of return.
- •Currently, Post Office RDs offer an annual interest rate of 6.7%, subject to revision by the central government.
- •Saving ₹9,000 per month for 5 years (60 months) accumulates ₹5.40 lakh in principal, with additional interest making the total maturity amount much higher.
- •An RD can be started with a minimum monthly deposit of ₹100, allowing investors to adjust their installments based on their capacity.
Key Questions Answered
Post Office Recurring Deposits currently offer an annual interest rate of 6.7%, though the central government revises these rates for small savings schemes from time to time.
You can start investing in a Post Office Recurring Deposit with a minimum monthly installment of just ₹100, and then increase the amount based on your capacity.
The Post Office RD scheme has a standard lock-in and maturity period of 5 years, meaning you will incur a penalty if you withdraw your money before that time.
