Post office rd interest rate: Post Office RD offers 6

Post Office RD offers 6.70% interest, compounded quarterly. Rates are revised regularly, boosting your savings securely over the investment period. Post Office Recurring Deposit (RD) scheme is offered by the Indian Postal Service. The post office RD interest rates are revised at a proper interval and the current interest rate is 6.70% p.a. The interest is compounded quarterly which enables the money deposited to multiply till the maturity time. India Post offers good returns on opening a recurring deposit account with them. Interest rates for Post Offices RD schemes changes every quarter in the year and for 2024 the interest rates are as follows. Fill the Monthly deposit amount and select the RD Open date, the above RD Calculator itself calculate the maturiy value as per the applicable rate of interest . Guaranteed Returns One of the most attractive features of a Post Office RD is that it offers fixed interest rates , meaning your returns are guaranteed. Currently, the interest rate on Post Office RDs is competitive, making it an ideal option for conservative investors who prefer a low-risk, high-reward saving plan.