Means guaranteed money growth and no risk of drowning. From July 1, the government has also increased the interest on Post Office RD. Now interest will be available on this scheme at the rate of 6.5, which till now was being received at the rate of 6.2. RD scheme is started in the post office for 5 years. You can start investing in it from 100 rupees. Let us tell you that with the new interest rate, how much profit will be available in the post office on RD of Rs 2000, 3000, 4000 and 5000?

RD of Rs 2000

If you start an RD of Rs 2000 every month, then in a year you will invest a total of Rs 24000. The total investment in 5 years will be Rs 1,20,000. If interest is calculated on this according to 6.5, then in 5 years you will get Rs 21,983 as interest. In this way, you will get Rs 1,41,983 on maturity.

RD of Rs 3000

On the other hand, if you deposit Rs 3000 in post office RD every month, then you will invest Rs 36000 in a year and Rs 1,80,000 will be invested in 5 years. 32,972 in 5 years as interest, Rs. In this way, a total of Rs 2,12,972 will be received on maturity.

RD of Rs 4000

By depositing Rs 4000 every month in Post Office RD, you will invest Rs 48000 in a year. In this way a total investment of Rs 2,40,000 will be made in 5 years. 43,968 will get interest on this. Including the invested amount and interest, you will get Rs 2,83,968 on maturity.

RD of Rs 5000

If you are starting post office RD monthly with Rs 5000, then you will invest Rs 60000 annually. In 5 years you will invest a total of Rs.3,00,000. After 5 years you will get Rs 54, 954 as interest. In this way, after 5 years, adding the total deposit and interest, Rs 3,54,954 will be returned.

The post Post Office RD will now get more interest, know how much profit will be available on RD of Rs 2000, 3000, 4000 and 5000 first appeared on Rightsofemployees.com.

Bandhan Bank is now offering 3.00% to 7.50% interest to general public and 3.75% to 8% interest to senior citizens on FDs maturing in 7 days to 10 years. The bank is offering a maximum interest of 7.50% to general public and 8% to senior citizens on FDs of 600 days (1 year, 7 months, 22 days). These new rates are available on FDs of Rs 2 crore or less. The benefit of these new rates will be available only to new FDs or FDs that are being renewed.

Bandhan Bank FD Rates

The bank is offering 3.00% interest on FDs maturing in 7 days to 30 days. Bandhan Bank is offering an interest of 3.50% on FDs maturing in less than 31 days to 2 months. Bandhan Bank is offering 4.50% interest on FDs of 2 months to less than 1 year. The bank is now offering 7.25% interest on FDs of 1 year to 599 days. These rates are for common people. At the same time, senior citizens are being given 0.50 percent more interest.

Senior citizens are getting 8 percent interest

With the new increase of Bandhan Bank, customers are offering the highest interest of up to 7.50% to the general public on FDs of 600 days. At the same time, senior citizens will get an additional interest of 0.50% i.e. 50 bps. They ie senior citizens are getting 8% return on FDs of more than 600 days. Senior citizens will get 0.75% or 75 bps higher interest on FDs maturing in less than 1 year. The bank is offering 5.85 per cent interest on FDs of 5 to 10 years.

Bandhan Bank’s FD can be taken sitting at home

Existing Bandhan Bank customers can also enjoy the benefits of booking or investing in FDs at the convenience of their homes or offices through Retail Internet Banking or M Bandhan Mobile App. With this online process, customers can book FDs instantly from the comfort of their homes without any hassle.

The post Fixed Deposit Rate Increased: This bank is giving strong return of 8% to senior citizens, know the new interest rate first appeared on Rightsofemployees.com.