Loading...
Post Office RD: Invest in This Scheme, Not a Piggy Bank! Small Monthly Savings Can Make You a Millionaire
LIVE TV
LOCAL
Tour
ENGLISH
For You
Entertainment
National
Sports
Markets
Business & Economy
Lifestyle
World
Astrology & Religion
Technology
Education & Jobs
Auto
Politics
Viral
Opinions
Loading more articles...
Home
Local
Live TV
Post Office RD: Turn Small Savings into Lakhpati with Monthly Deposits
N
News18
•
17-03-2026, 14:14
Post Office RD: Turn Small Savings into Lakhpati with Monthly Deposits
•
Post Office Recurring Deposit (RD) allows small monthly savings, similar to a Mutual Fund SIP, offering a secure future amidst inflation.
•
Accounts can be opened with just ₹100 per month, with no maximum investment limit, making it accessible for all capacities.
•
Currently, Post Office RD offers an annual interest rate of 6.7%, compounded quarterly, ensuring faster money growth.
•
Any adult Indian citizen can open an RD account; joint accounts and accounts for minors (with guardian) are also permitted.
•
The scheme has a 5-year maturity, extendable for another 5 years, and allows premature closure after 3 years or a loan up to 50% after 1 year.
Read Full Article on News18 in Hindi
✦
More like this
✦
More like this
Post Office MIS: Earn 5,550 Monthly! Secure Your Savings Amid Market Chaos
N
News18
Post Office MIS: Open Joint Account with Spouse, Get Rs 9250 Monthly Fixed Income!
N
News18
Post Office Gram Priya Scheme: Money & Insurance Protection in One Plan!
N
News18
Retirement Ready? 5 Schemes for a Steady Monthly Income Post-Work
N
News18
SIP vs RD: Which Investment Gives Better Returns for 10,000 Monthly?
N
News18
Retire at 40? How to Secure Rs 50,000 Monthly Income in a Village
N
News18
