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Post Office RD Scheme: Deposit ₹10,000 Monthly and Get ₹7 Lakh in 5 Years – A Safe Saving Option for Your Future

Post Office RD Scheme: Saving for the future is no longer a luxury—it’s a necessity. Whether it’s for medical emergencies, your child’s education, or retirement, having a financial cushion brings peace of mind. India Post’s Recurring Deposit (RD) Scheme is one of the most trusted saving plans, especially for middle-class families.

✅ What is the Post Office RD Scheme?

The Recurring Deposit (RD) is a government-backed savings scheme offered by India Post. It allows you to deposit a fixed amount every month and earn interest on it, which is compounded quarterly. Since it is run by the Indian government, your money is 100% safe and secure.

💰 How Much Can You Earn?

• Monthly Investment: ₹10,000

• Tenure: 5 years (60 months)

• Interest Rate: 6.7% per annum (compounded quarterly for July–September 2025)

• Maturity Amount: ₹7,13,659

  • Total Deposit: ₹6,00,000

  • Total Interest Earned: ₹1,13,659

You can start this RD with as little as ₹100 per month. But as the investment increases, the compound benefit grows exponentially.

🏦 Can You Take a Loan Against RD?

Yes. If your RD account has been active for at least one year, you can avail a loan up to 50% of the balance. However, the interest rate on the loan will be 2% higher than the current RD interest rate.

👨‍👩‍👧‍👦 Who Should Consider This Scheme?

This scheme is ideal for:

• Salaried professionals

• Small business owners

• Housewives

• Students

• Daily wage earners

It helps build a habit of monthly savings and is perfect for those who prefer low-risk investments with guaranteed returns.

📅 Scheme Tenure and Extension

• Minimum Lock-in: 5 years

• You can extend it for another 5 years, making it a 10-year long-term savings plan.

📝 How to Open a Post Office RD Account?

To open an RD account, you need:

• Aadhaar Card

• PAN Card

• Passport-size photo

You must deposit the monthly amount on time; otherwise, a penalty will be applied. The scheme can now also be operated online through India Post’s banking portal.

🟢 Conclusion

The Post Office RD Scheme is a reliable and simple investment plan that offers stable returns, government security, and flexibility. If you want to build a corpus of ₹7 lakh in 5 years with disciplined monthly savings, this plan could be the ideal fit for you.