Stories
Post Office RD Scheme: Save ₹300 Daily, Earn ₹1.02 Lakh in Interest!
N
News18•01-10-2026, 11:56
Post Office RD Scheme: Save ₹300 Daily, Earn ₹1.02 Lakh in Interest!
- •Post Office RD scheme is an excellent low-risk investment option for secure monthly savings.
- •By saving ₹300 daily, you can invest ₹9,000 monthly in a Post Office RD.
- •Over 5 years, a monthly investment of ₹9,000 can yield approximately ₹6.42 lakh.
- •This includes your deposited amount of ₹5.40 lakh and an estimated interest of ₹1.02 lakh.
- •The RD scheme can be started with a minimum monthly deposit of ₹100, making it accessible to many.
Key Questions Answered
The Post Office Recurring Deposit scheme currently offers an annual interest rate of 6.7%, which is compounded quarterly.
Investing 9,000 rupees monthly for 5 years results in a total deposit of 5.40 lakh rupees, yielding an estimated maturity amount of about 6.42 lakh rupees with roughly 1.02 lakh rupees in interest at the 6.7% rate.
You can start a Post Office Recurring Deposit account with a minimum monthly deposit of just 100 rupees, and there is no maximum investment limit.
