Wed, Dec 04, 2024
Recurring deposit (RD) is a fixed interest rate investment option, while systematic investment plan (SIP) in mutual funds is market-linked. Both can create a sizeable corpus in the long run. Check what will be your corpus if you invest Rs 25,000 monthly in RD and SIP.
More >
Tue, Aug 20, 2024
Post Office RD provides 6.7 per cent annual interest. One can invest a minimum of Rs 100 per month or any amount in multiples of Rs 10 in the scheme. There is no maximum limit for deposit in post office RD.
Tue, Jul 02, 2024
A post office RD is one of the most popular savings alternatives to regular fixed deposits and other long-term plans offered by post offices.
Wed, May 29, 2024
National Savings Recurring Deposit Account (RD), or Post Office RD, is one such scheme, where one can deposit small amounts in their account and get interest on it. The account has a maturity period of five years, which can be extended further. The scheme also provides loan facility. One can make advance deposits or can close the account prematurely.
Thu, May 16, 2024
Post office RD: Post office runs a lot of small savings scheme. The purpose of these schemes is to encourage those people to save and invest money who can't invest a large amount in one-go. However, in many of these schemes, there is no maximum investment limit.
Fri, Apr 19, 2024
National Savings Recurring Deposit Account, or the post office RD scheme, is a guaranteed return investment scheme in which one can deposit monthly and get the maturity amount after five years. The scheme provides an annual interest rate of 6.7 per cent and also provides the facility of a loan.
Thu, Feb 22, 2024
National Savings Recurring Deposit Account (RD), also known as the Post Office Recurring Deposit scheme offers guaranteed returns. It has a fixed interest rate of 6.7 per cent per annum compounded quarterly. One can have individual or joint account and can start investing with a minimum of Rs 100 a month. The lock-in period is five years (60 months). The Post Office scheme also provides loan facility. Know more about the guaranteed return scheme and what your Rs 25,000 monthly investment will turn into in five years.
Thu, Jun 02, 2022
Post Office Monthly Income Scheme (Post Office MIS) is a government small savings scheme, which gives investors an opportunity to earn a fixed amount every month. Market volatility has no effect on this investment. Being a post office scheme, your money remains safe. This is a 5 years scheme, which can be extended further for 5-5 years.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
