Post Office Rd Calculator. Under this scheme, for a tenure of 5 years, you can open. You can actually open a recurring deposit account with any post office.
Postoffice Fixed Deposits Interest Rates 2017 RD Calculator from www.rdcalculator.co.in
India post brings you this offer whereby you can open a national savings recurring deposit. Here are the steps that an investor needs to follow to calculate post office rd: The amount that is invested monthly.
You Can Open A Recurring Deposit Account With India Post Where You Can Deposit A Fixed Amount Every Month For A Certain Period Of Time And Earn A Maturity Amount.
Post office rd interest rate. It uses the power of compounding to grow your savings. Post office recurring deposit calculator excel years interest rate % monthly deposit (rs.) author:
India Post Gazette Notification On Standardization Of Mails [192 Kb] Weight (In.
We have designed a simple excel based post office rd calculator where you can input the monthly instalment & interest rate and it will calculate the interest earned and maturity value. Here are the steps that an investor needs to follow to calculate post office rd: The principal is fixed for 5 years but can be extended by another 5 years.
Rd Account Offers Sovereign Guarantee, Capital Protection And Quarterly Interest Payment Which Acts As Source Of.
The interest in post office fd is calculated quarterly but paid annually. State bank of india, sbi: India post brings you this offer whereby you can open a national savings recurring deposit.
Scss Deposits Will Remain At 7.40 Percent, While Post Office Time Deposits Would Earn Between 5.5 And 6.70 Percent.
Recurring deposit account in indian post offices Maturity value = 250000* (1+0.07/4) (3*4) maturity value = inr 3,07,860. Post office recurring deposit calculator:
The Only Difference Is In Banks You Can Choose Tenure Depending On Our Needs But Post Office Rd Is Available For Fixed Tenure Of 5 Years.
The current rate of interest (5.8% for post office) the tenure of the recurring deposit account. As far as the rd calculator post office is concerned, as the name suggests, this calculator will help you to calculate all the returns that are generated from your rd account. Rd is used to save money with monthly basis.
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