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RD

Recurring Deposit Account

Interest Rate: 6.7%

⏱️Tenure: 5 Years

💰Min: ₹100

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Overview

Post Office Recurring Deposit Account allows you to save a fixed amount every month for a period of 5 years and earn attractive interest on your deposits.

Key Features

Minimum Amount₹100

Maximum AmountNo Limit

Tenure5 Years

Interest Rate6.7%

Eligibility Criteria

Any individual can open the account
Joint account can be opened by up to 2 adults
Guardian can open account for minor

Benefits

Attractive interest rate
Monthly investment habit
Loan facility available
Nomination facility available

🏛️Tax Information

Interest earned is taxable. TDS applicable if interest exceeds ₹40,000.

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Quick Facts

• Fixed interest rate of 6.7%
• Monthly compound interest
• Tenure: 5 Years
• Government guaranteed returns

💡 Pro Tip

Use our calculator to compare different investment amounts and see how your money grows over time.