Invest ₹28,000 Monthly & Get ₹19,98,244 in 5 Years – Post Office RD Scheme
Synopsis: By investing ₹28,000 per month in the Post Office Recurring Deposit (RD) scheme for 5 years,
you can build a maturity corpus of nearly ₹19,98,244 at an interest rate of 6.7% per annum.
This safe, government-backed savings plan is ideal for those who want guaranteed returns without market risk.
Why Post Office RD is Reliable
The Post Office RD is a government-backed savings product that allows you to deposit a fixed amount monthly and earn
guaranteed interest. At the current rate of 6.7% (compounded quarterly), your money grows steadily without market risks.
You can start with just ₹100, and there’s no upper limit.
✅ Key Benefits: Low risk, fixed returns, flexible monthly deposits, easy paperwork, and ideal for goal-based savings.
₹28,000 Monthly Deposit – 5-Year Calculation
| Year | Total Deposited | Value at Year-End (6.7%) |
|---|---|---|
| 1st Year | ₹3,36,000 | ₹3,46,872 |
| 2nd Year | ₹6,72,000 | ₹7,07,844 |
| 3rd Year | ₹10,08,000 | ₹10,96,479 |
| 4th Year | ₹13,44,000 | ₹15,17,552 |
| 5th Year | ₹16,80,000 | ₹19,98,244 |
You invest ₹16.8 lakh in total, and your maturity will be ₹19.98 lakh — a profit of over ₹3.18 lakh.
Additional Examples (Other Deposit Sizes)
| Monthly Deposit | Total Deposit (5Y) | Maturity Value (6.7%) | Gain |
|---|---|---|---|
| ₹10,000 | ₹6,00,000 | ₹7,13,000 | ₹1,13,000 |
| ₹15,000 | ₹9,00,000 | ₹10,70,000 | ₹1,70,000 |
| ₹20,000 | ₹12,00,000 | ₹14,25,000 | ₹2,25,000 |
| ₹28,000 | ₹16,80,000 | ₹19,98,244 | ₹3,18,244 |
Why People Still Choose RD
- Perfect for salaried employees, small business owners, and parents saving for education or marriage.
- Safe alternative to volatile investments like stocks or mutual funds.
- You can open multiple RDs for different goals.
Tips to Maximise RD Benefits
- Pay before the 15th of every month to get full quarterly compounding.
- Set up auto-debit to avoid missing payments.
- Open multiple RDs for different family goals.
Conclusion
With disciplined deposits of ₹28,000 per month, the Post Office RD helps you accumulate nearly ₹20 lakh in 5 years,
with guaranteed returns and zero risk. It’s an excellent choice for those who prefer steady, assured growth
over uncertain high-risk investments.
Disclaimer: Interest rates are subject to government revisions. Please confirm current rates at your nearest Post Office before investing.
Leave a Reply