Post Office RD Scheme: In today’s era when inflation is shaking our budget at every step, it is a wise decision to make small savings and add something big for the future. If you also want to make your future safe and financially strong, then the new Recurring Deposit (RD) Scheme of Post Office 2025 can be a great opportunity for you.
The Indian Postal Department has always started such schemes keeping in mind the needs of the common people, which are safe and also guarantee profits. The RD scheme of the post office is one of those schemes, in which you can get big returns by making a small investment. This scheme is especially for those people who want to invest a fixed amount every month and add a big amount for the future.
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What is Post Office RD Scheme and how to get profit in it
This scheme of Post Office is specially designed for the middle class and common people, in which you can create a big fund by depositing only ₹ 2900 per month. The special thing about this scheme is that you get 6.7% annual interest on the money invested in it, which is at a fixed rate and is not affected by the fluctuations of the market at all.
The investment period in this scheme is 5 years, that is, you have to deposit a fixed amount every month for 60 consecutive months. For example, if a person deposits ₹ 2900 every month, then his total deposit amount in 5 years will be ₹ 1,74,000. The interest received on this will be ₹ 32,961 and on maturity that amount will increase to ₹ 2,06,961.
The biggest strength of the Post Office RD scheme: Security and stability
The biggest feature of this scheme is that it is a completely government scheme, which means that your money is 100% safe. There is no risk of any kind, nor is there any effect of market decline. This is the reason why this scheme is becoming increasingly popular among senior citizens, working people, housewives and small businessmen.
Apart from this, if you need money in an emergency situation, then loan facility is also provided under this scheme. By going to the post office, you can get a loan on RD amount by applying with the necessary documents, which can be like a relief for you.
How to apply for this scheme
To take advantage of this scheme of the post office, you do not have to go through the long process of any bank. You just have to go to your nearest post office, open a recurring deposit account and take the necessary documents like identity card, passport size photo, and Aadhar card with it. There you have to fill a form and your RD will start.[Related-Posts]
People who are digitally enabled can also apply through the official website or mobile app of India Post.
Why invest in this scheme
If you are looking for a stable and reliable investment without any risk, then this scheme of the post office can be ideal for you. It is also better for those who want to save monthly and want to add a large amount in the future. Especially for marriage, children’s education or any big expense that is going to come in the future, this scheme is no less than a boon.
Disclaimer: This article has been written only to make the general public aware. All information related to the scheme is based on public sources. Before investing, please get correct and latest information from the official website of the concerned post office or scheme. Before investing, be sure to consult your financial situation and advisor.
