RD Interest Calculator
Post Office RD Scheme Details
Key Features
- Interest rate: 5.8% per annum
- Minimum deposit: ₹100 per month
- Maximum: No upper limit
- Deposit in multiples of ₹10
- Quarterly compound interest
Benefits
- Safe and secure investment
- Regular savings habit
- Tax benefits under 80C
- Loan facility available
- Premature withdrawal allowed
Important Notes
- Monthly deposits mandatory
- Default penalty applicable
- Joint account allowed
- Nomination facility available
- Auto-debit facility available