Posted inFD and Investment

Post Office RD: Interest Rate Increases, Monthly INR 5,000 Investment to Yield INR 5.7 Million.

The Post Office, a trusted financial institution in India, has recently increased its RD interest rate to 6.7% effective from 1st October 2023. Previously, it was 6.5%. Though this may seem like a minor increment, when compounded over time, this new rate can lead to significant returns. Consider investing INR 5,000 monthly in a Post […]