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Post office scheme: Invest to get Rs 16 lakh in 10 years; check details here

Keep perusing to figure out why one ought to put resources into this post office plan.

New Delhi: One needs to devise a well conceived plan to set aside cash during working hours and need to put it perfectly positioned. Presently venture calls for more cautious monetary preparation than saving as sorting out where one ought to invest is troublesome. Keep perusing to figure out the solution to your inquiries.

Most likely you are looking for an arrangement where you will get a greatest and secure return, this underneath examined plan will be the one-stop objective for you.


The Recurring Deposit of the small saving scheme of the government body is completely gotten from the point of speculation. The most exceptional point of this plan is it permits venture from Rs 100 to however much you need to contribute. The plan is available to all efficient classes of individuals.

Maturity period

You can pick the maturity term according to your syllable. The post office offers revenue like clockwork on the kept cash under this plan.

Age limit

The base age to profit of the advantage of the plan is 18 years. The minimum age bar isn’t characterized. Guardians can open accounts for their minors.

Loan Facility

You can likewise get a credit from this Post office plan. To take a credit, you need to move toward your Post office branch. You can likewise deposit this loan in 12 installments. You can take 50% of the sum saved in your account as a credit.

How to get Rs 16 lakh?

If you contribute a measure of Rs 10,000 consistently in a RD Scheme, following 10 years you will get more than Rs 16 lakh. Assume you deposit 10,000 rupees consistently, you will deposit Rs 1 lakh 20 thousand in a year. In case you contribute for a very long time, you will deposit Rs 12 lakh as a venture.

After the maturity of the plan, you will get Rs 4,26,476 as a return. Along these lines, you will get a sum of Rs 16,26,476 following 10 years.

Source

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