Post Office RD 1,000 Per Month 5 Years

Post Office RD 1,000 Per Month 5 Years

Home Forums Indiapost Post Office Post Office RD 1,000 Per Month 5 Years

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • #1210
    Sandip DasSandip Das
    Participant
    Up
    0
    Down
    ::

    Post Office RD 1,000 Per Month 5 Years

    What will be the maturity amount of a Post Office RD with a monthly deposit of 1,000 rupees for a period of 5 years?

    #1211
    Amit MandalAmit Mandal
    Participant
    Up
    0
    Down
    ::

    Monthly Contribution Rs 1000 per Month

    Duration Principle Interest Maturity Amount A/C Opened During
    5 60,000 10,433 70,433 2023-2024 Q1

    Interest Rates:
    .
    Note: Always verify interest rates from the official website before investing

    From 01.07.2023, the interest rate is 6.5% per annum, compounded quarterly.
    Minimum and Maximum Deposits:

    Minimum monthly deposit: INR 100 or multiples of INR 10.
    There is no maximum limit on the deposit amount.

Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.