- There are several types of schemes available at the Post Office
- You have a chance to join the scheme of your choice
- One of these is the Recurring Deposit Scheme
- Involvement in this can bring in revenue without risk
You can also become rich by investing money in post office schemes. There are many schemes available at the post office. One of these is the Recurring Deposit Scheme. By joining this scheme one can get good returns with maturity time. You have to deposit a certain amount every month.
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Those who join the RD scheme can also invest at least Rs 100 per month. There is no such thing as a maximum limit. You can deposit any amount you like. The return you get also depends on the amount you deposit. The maturity period of this scheme is five years. The maturity period of the scheme can be extended for another five years if required.
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There is no risk in depositing money in Post Office Recurring Deposit Scheme. Accurate return comes. The RD scheme is currently earning 5.8 per cent return. The central government, however, reviews interest rates every three months. That means raising interest rates. Otherwise it will be reduced. If not both, interest rates will remain stable. For example, if you want to invest Rs 10,000 per month, if you save around Rs 330 per day, you will get Rs 16 lakh after ten years.
Many more schemes are now available at the Post Office. If you have female children under the age of ten in your household .. Join Sukanya Samridhi Yojana Scheme. Otherwise there is still a time deposit scheme. Also available are National Savings Certificate, Kisan Vikas Patra, Monthly Income Scheme, Public Provident Fund (PPF), Senior Citizens Savings Scheme. You can join any of these schemes.
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