Post Office RD Investment: Calculate Your Benefits for Different Monthly Contributions

Post office schemes have long been favored for their reliability and safety when it comes to investments.

These schemes offer a variety of options suitable for people of all ages, with the assurance of guaranteed returns and minimal risks.

As of July 1, the interest rate on Post Office RD has been increased to 6.5% from the previous 6.2%, making it an attractive investment avenue.

Let’s calculate the benefits for monthly investments of Rs 2,000, Rs 3,000, Rs 4,000, and Rs 5,000 in the Post Office RD scheme.

RD Investment Calculation:

1. RD of Rs 2,000 per month:
   • Annual Investment: Rs 24,000
   • Total Investment in 5 years: Rs 1,20,000
   • Interest at 6.5% for 5 years: Rs 21,983
   • Total Maturity Amount: Rs 1,41,983
2. RD of Rs 3,000 per month:
   • Annual Investment: Rs 36,000
   • Total Investment in 5 years: Rs 1,80,000
   • Interest at 6.5% for 5 years: Rs 32,972
   • Total Maturity Amount: Rs 2,12,972
3. RD of Rs 4,000 per month:
   • Annual Investment: Rs 48,000
   • Total Investment in 5 years: Rs 2,40,000
   • Interest at 6.5% for 5 years: Rs 43,968
   • Total Maturity Amount: Rs 2,83,968
4. RD of Rs 5,000 per month:
   • Annual Investment: Rs 60,000
   • Total Investment in 5 years: Rs 3,00,000
   • Interest at 6.5% for 5 years: Rs 54,954
   • Total Maturity Amount: Rs 3,54,954

Conclusion:

Investing in Post Office RD can be a rewarding option for those seeking a safe and stable investment avenue.

With the increased interest rate of 6.5%, you can benefit from attractive returns on your monthly investments of Rs 2,000, Rs 3,000, Rs 4,000, and Rs 5,000 over a 5-year period.

Consider Post Office RD as a reliable investment choice to secure your financial future.