Post Office’s Recurring Deposit Scheme: Deposit Rs 25 Daily, Get Rs 17 Lakhs on Maturity

The Post Office, a trusted institution for financial services, offers a variety of savings and investment schemes that cater to diverse needs and risk profiles. Among these, the Recurring Deposit (RD) scheme stands out as an appealing option for those seeking to build a substantial corpus over time.

The RD scheme allows you to make regular deposits, even in small amounts, and accumulate wealth gradually. With its attractive interest rates and guaranteed returns, the Post Office RD scheme provides a secure and rewarding path towards financial stability.

Key Features of Post Office’s RD Scheme

  1. Flexible Deposit Options: The scheme offers a flexible range of deposit options, starting from a minimum daily deposit of Rs 25. This allows you to tailor your investment plan according to your budget and savings goals.

  2. Attractive Interest Rates: The Post Office RD scheme offers competitive interest rates, ensuring that your investments grow steadily over time.

  3. Guaranteed Returns: The scheme provides guaranteed returns, safeguarding your hard-earned money from market fluctuations.

  4. Maturity Period Options: You can choose a maturity period that aligns with your financial goals, ranging from 5 years to 20 years.

  5. Tax Benefits: The scheme offers tax benefits under Section 80C of the Income Tax Act, further enhancing your savings potential.

  6. Loan Facility: You can avail a loan against your RD account if you require funds before maturity.

  7. Wide Network: The extensive network of post offices across India makes it convenient to open and manage your RD account.

Example of Savings Growth

By making a daily deposit of Rs 25, you can accumulate a significant amount over time. For instance, investing Rs 25 daily for 20 years will result in a corpus of over Rs 17 lakhs upon maturity. This demonstrates the power of consistent investing and the potential for wealth creation.

Eligibility Criteria

To open an RD account at the Post Office, you must be an Indian resident and at least 10 years old. You can open an account individually or jointly with another person.

Documents Required

To open an RD account, you will need to provide the following documents:

  1. Duly filled RD application form
  2. Proof of identity (Aadhaar card, PAN card, Voter’s ID, etc.)
  3. Proof of address (Aadhaar card, electricity bill, passport, etc.)
  4. Passport size photographs

Steps to Open an RD Account

  1. Visit your nearest post office.
  2. Obtain an RD application form.
  3. Fill out the application form accurately and legibly.
  4. Submit the application form along with the required documents and initial deposit amount.

Additional Tips for Successful Investing with Post Office RD Scheme

  1. Start Early: The earlier you start investing, the more time your money has to grow and compound.

  2. Invest Regularly: Make consistent deposits, even in small amounts, to reap the benefits of compounding.

  3. Choose a Suitable Tenure: Select a maturity period that aligns with your financial goals.

  4. Link Your RD Account to Your Bank Account: For hassle-free deposits, link your RD account to your bank account and enable automatic transfers.

  5. Consider Reinvesting Interest: Reinvesting the accrued interest can further accelerate your wealth accumulation.

  6. Seek Guidance: If you need assistance, consult a financial advisor for personalized advice.


The Post Office’s RD scheme is an excellent option for individuals seeking a secure and rewarding path towards financial stability. With its flexible deposit options, attractive interest rates, and guaranteed returns, the scheme empowers you to build a substantial corpus over time. By starting early, investing regularly, and following these additional tips, you can secure your financial future and achieve your long-term goals.

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