Posted inBusiness, Finance

Post Office RD Hikes Interest Rate: Monthly ₹5000 Investment Can Grow to ₹57 Lakh Over Time

Post Office RD: The Post Office has announced an increment in the interest rate for its Recurring Deposit (RD) scheme. Effective from October 1, 2023, the interest rate on RDs has been raised to 6.7%, up from the previous rate of 6.5%. While this seems like a modest hike, it carries the potential for substantial […]