Post Office RD Schemes: In a Dhansu scheme of the post office, you can become a millionaire every day by saving only 117 rupees. This investment is completely safe and comes with the government’s guarantee, so that small investors can also carefully save.
Post office saving schemes: If you also think that you need a huge investment to become a millionaire, then stop. You can make funds of millions in 5 years by saving just 117 rupees daily in a Dhansu scheme of the post office. This scheme is not only a risk free, but also brings the government guarantee. Meaning your money is completely safe and returned. So let’s know about this amazing plan and how it can make you a millionaire…
Which scheme of post office is the best?
Recurring deposit (RD) scheme is one of the best schemes of the post office. These days it remains a favorite of investors. In this, strong returns can be found in 60 months by depositing some money every month. This is a tremendous investment option to take big advantage of investment with small amount.
Why is the post office RD so special?
- Big benefits from small investment
- 6.7% annual interest, which is quarterly compound
- Zero risk due to government guarantee
- Easy way to make saving habit
- Facility to withdraw money in between if needed
How can you become a millionaire by depositing 117 rupees every day?
Suppose you deposit 117 rupees every day, then it becomes about 3,500 rupees a month. Now invest this money in post office RD regularly for 5 years. During this time your total deposit amount will be Rs 2,10,000. If it is charged at 6.7% annual interest (quarterly compound), then you will get an interest of about Rs 45,664. That is, after 5 years, you will have a total of Rs 2,55,664 in your hand. Meaning, you can make a fund of more than two and a half million rupees in 5 years according to daily.
How to open RD account in post office?
- Go to the nearest post office.
- Take Aadhaar and PAN cards together.
- Accounts can be opened with at least 100 rupees.
- After completion of 5 years, you can extend it for more 5 years.
- If needed, the facility of withdrawing money in between is also available.
Disclaimer: This article is only for information. It should not be considered an investment advice. Before investing in post office RD scheme and other investment schemes, take complete information from your financial advisor or nearest post office. The return on investment can change according to the current interest rate and rules.
Also read- Superhit plan of Post Office: Get 10 lakhs by applying 5 lakhs, know how?
Also read- Post Office Savings Account: Rs 500 Open in, get strong interest