Post Office RD Scheme | (RD) Recurring Deposit Scheme of Post Office

Post Office RD Scheme | (RD) Recurring Deposit Scheme of Post Office

Post Office RD Scheme  (RD) Recurring Deposit Scheme of Post Office

Post Office RD Scheme - Many people are not fully aware about the post office deposit schemes. This is why people cannot take full advantage of the deposit schemes here. Many post office schemes pay higher interest than banks. (Post Office Saving Scheme) One of the post office saving schemes 5-year post office reacquiring deposit

The plan is. The scheme earns 7.3 percent interest till January 1, 2019. Furthermore, the most important feature of a deposit at the post office is that the Government of India guarantees all the money in the deposit, while not all the money is guaranteed by the bank deposits.

Know what is the plan

The account is opened for 5 years under the Post Office's Recurring Deposit Scheme (RD). There is a minimum deposit of Rs 10 each month, but there is no maximum deposit limit. If a person wants to open more than one RD account of the post office, then he is allowed to do this. If one needs to stay in the middle, after one year you can withdraw up to 50 percent of the amount deposited in this account.


For information on government schemes, see here Click Hare


How much money will I get? After completing the account, if this Post Account RD Scheme starts at Rs 1000 per month, after 5 years you will get Rs 72500. The RD account of the post office can be opened with single or joint RD account. It also makes it easier to enroll. Additionally, this account can also be transferred from one post office to another.

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