Along with the job, every person wants to earn money to spend from other side. There is a period of inflation, due to which one cannot depend on job alone. Two schemes are being run by the Post Office, which is counted among the wonderful institutions of India, which seems to be winning everyone's heart. The name of these schemes is nothing else but SIP and Post Office RD, which is working to make people rich.
Become rich in Post Office scheme, getting record breaking returns on investment in RD and SIP
You can easily avail the benefits of these schemes in time. If you delay investing even a little, you will regret it. Before investing, you need to know which of the two schemes is giving good returns. People have to pay returns in the form of interest from the post office. If you invest Rs 5,000 then which scheme can give good returns. To know all this, you will need to read our article carefully till the bottom. This will eliminate all your confusion.
This much return is being received on RD scheme
You have a golden opportunity to invest in RD scheme which is counted among the big institutions of the country. To join this scheme, you have both bank and post office options. RD can also be done in banks for 1 to 10 years. Post Office RD scheme is for a total of 5 years. There is no scope for anything less or more than this.
If you invest Rs 5000 in the post office for 5 years, then you will get bumper interest on it. On making RD, the post office will give you interest at the rate of 6.7 percent. Apart from this, you will need to invest Rs 3,00,000 in 5 years. By investing in this, you will easily get Rs 6,830 as interest at the rate of 6.7 percent. You will easily get a return of Rs 3,56,830 under the scheme after 5 years.
There will be huge benefits from SIP also
If you want to invest in post office under SIP scheme then you will get huge benefits. Investment in this is not guaranteed. According to experts, the average return is 12 percent. If you start a SIP of Rs 5000 for 5 years, then on investing Rs 3 lakh, you will get an easy interest benefit of Rs 1,12,432 at 12 percent interest.
Become rich in Post Office scheme, getting record breaking returns on investment in RD and SIP
After 5 years, you will get a benefit of Rs 4,12,432, which is very important for you to know. In the scheme it is double as compared to RD. If the return in this is more than 12 percent then the return can be more than double. Therefore, do not delay at all.