Post Office new scheme: A new scheme for the post office has caught the attention of investors. This scheme is especially for those who want to increase their deposits safely. Due to the great increase in interest rates, now investing in this scheme (PO scheme interest rates) is giving strong returns. At the beginning of the year itself, this scheme surprised everyone with its attractive interest rates. Beneficiaries investing under this scheme can get a lot of benefits and this can be a great opportunity.

What is the Post Office Scheme -

The RD scheme of the post office is a government scheme (Post Office RD Scheme) in which people put in a fixed amount every month. It is beneficial for those who receive regular income. A large amount can be deposited in this scheme in a short time. This scheme is for 5 years. In the end, investors get their entire deposited amount as well as the benefit on it (benefits of RD scheme). This is a safe way to save and increase money.

Some main features of the post office scheme -

- The post office RD scheme offers a compound interest rate of 6.7 percent every quarter.

- You can deposit any amount starting from Rs 100 (PO RD scheme minimum deposit). There is flexibility in it, which allows you to deposit the desired amount. It can be easily changed according to your needs.

- This scheme is completely safe and provides fixed benefits to investors (post office RD scheme ke fayde). There is no worry of risk in this, which gives you the confidence to grow your money without any worry.

- You can get half of your deposit amount i.e. 50 percent as a loan (loan in RD scheme). This facility helps you to meet your financial needs, a part of your deposit amount can be borrowed without any hassle.

- This scheme allows you to end your scheme after the stipulated period. You get the option to withdraw your deposit or close the account after 3 years (RD scheme maturity time), which provides convenience.

- This scheme provides security to the family. If the account holder dies, the nominee gets an easy process to receive the benefit, making the transfer of funds simple and hassle-free.

Documents required to open an account in the post office -

1. Aadhar card

2. Proof of residential address

3. Passport size photo

4. Nomination form

The process to open RD account in the post office -

First of all, you have to go to your nearest post office and take the form to open an account in the RD scheme (Process to open RD account) and fill in all the information asked in it correctly.

After filling all the information in the form correctly, the necessary documents will also have to be attached to the form.

Now that your account has been opened, you will now have to deposit the first installment, after which you will get your passbook. Now you can take advantage of the post office RD scheme.

Disclaimer: This content has been sourced and edited from Hr Breaking. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.