New Delhi. The working class or middle class in the country likes the post office scheme a lot. With post office investment, you get guaranteed returns along with security. There are many schemes available for investment in the post office. If you invest even a small amount monthly in the post office, you can get guaranteed returns in a few years. One such scheme is Recurring Deposit. You can start investing in this with just Rs.100.
Recently, the government has increased the interest on recurring deposits from 6.2 per cent to 6.5 per cent. The amount with which you start the RD, you have to invest the same amount every month till it matures. Let us tell you that if you start a monthly RD with an amount of 2 thousand, 3 thousand or 4 thousand rupees, then how much amount you will get on maturity.
1,41,983 will be available on recurring deposit of Rs 2 thousand
If you deposit Rs 2,000 every month in a recurring deposit, then you will deposit Rs 24,000 annually. If you make a recurring deposit for 5 years, you will get Rs 1,20,000. On this you will get an interest of Rs 21,983 i.e. on maturity you will get Rs 1,41,983.
With a recurring deposit of Rs 3,000, you will get Rs 2,12,972.
If you deposit Rs 3,000 every month in a recurring deposit, then you will deposit Rs 36,000 annually. If you make a recurring deposit of 5 years, then you will have a deposit of about Rs 1,80,000. On this you will get an interest of Rs 32,972 i.e. on maturity you will get Rs 2,12,971.
You will get Rs 2,83,968 on a recurring deposit of Rs 4 thousand
If you deposit 4 thousand rupees every month in recurring deposit, then you will deposit 48 thousand rupees annually. If you make a recurring deposit of 5 years, then you will have a deposit of about Rs 2,40,000. On this you will get an interest of Rs 43,968 i.e. on maturity you will get Rs 2,83,968.
