This scheme is also better because you already know how much money you will get after 5 years. You can easily open an RD account by going to any post office branch.

Whenever it comes to investing money, people trust government schemes the most. In such a situation, the number of people investing in post schemes is also increasing continuously.

The reason for investing in post office schemes is security and guaranteed returns. If you also want safe investment and want to get more returns in less time, then we have brought a great scheme for you.

Post office's 5-year recurring deposit RD is in a lot of discussion these days. This scheme can be better for you for good returns in less time.

Now you must be thinking what will be the math of money in 5 years, so understand that too. According to the math, you will have to invest Rs 28,100 every month in the RD of the post office. In this way, your total investment will be Rs 16 lakh 86 thousand in five years.

Now you will get interest at the rate of 6.7 percent on the amount you have invested. In five years your interest will be around Rs 3 lakh 19 thousand 382.

According to this, after five years of maturity, you will get Rs 20,05,382. Let us tell you that the post office scheme is supported by the Government of India, so your money is completely safe.

This scheme is also better because you already know how much money you will get after 5 years. You can easily open an RD account by going to any post office branch.