Post Office RD: No Risk, Govt Guarantee, ₹333/Day for ₹17 Lakhs
Business
N
News1814-12-2025, 19:32

Post Office RD: No Risk, Govt Guarantee, ₹333/Day for ₹17 Lakhs

  • Post Office RD scheme offers a no-risk, government-guaranteed savings option with a 6.7% annual interest rate.
  • It's ideal for low to medium-income individuals seeking long-term savings through small, regular deposits.
  • Accounts can be opened via mobile/e-banking or at a post office, with a standard 5-year tenure extendable to 10 years.
  • Features include early closure after 3 years, nominee claim, and a loan option of up to 50% of the deposit after one year.
  • Investing approximately Rs. 10,000 per month can yield over Rs. 17 lakhs in 10 years.

Why It Matters: Learn how government-backed Post Office RDs offer secure, risk-free wealth building.

More like this

Loading more articles...