What is the return on investment in Post Office RD?
If you save only ₹ 2000 from your salary or earnings every month and invest it in this scheme, then after 5 years you can have a lump sum fund of approximately ₹ 1,42,732. During this period, you will deposit a total of ₹ 1,20,000 and the government will give you ₹ 22,732 only as interest on it. Similarly, if you deposit ₹ 1000 per month, you will get approximately ₹ 71,369 on maturity. Whereas a monthly savings of ₹ 5000 can make you the owner of ₹ 3,56,830. At present the government is giving interest on it at the rate of 6.7% per annum.