Post Office RD calculator
Post Office RD Calculator
How to use Post office RD Calculator
1. Go to the Calculator Online
- Open a Postalguide website that has the RD Calculator.
2. Put in Your Monthly Savings
- Find the box that asks for your "Monthly Deposit Amount."
- Type how much money you want to save every month in that box.
3. Add the Yearly Interest Rate
- Look for the box that says "Interest Rate (annual)."
- Write down the yearly interest rate the post office offers for the savings plan.
4. Enter the Time in Months
- There will be a box asking for the "Number of Months."
- Put in how many months you want to keep saving money.
5. Press the Calculate Button
- Click on the "Calculate" button on the calculator.
6. See Your Results
- After clicking, you'll see three things:
- How much money you'll save altogether (your total investment)
- How much interest you'll earn on that money
- The total amount you'll have at the end (your maturity amount)
7. Understand the Numbers
- These numbers tell you how much you'll have saved and earned in interest.
- It helps you decide if this savings plan is good for you.
8. Change the Numbers (if you want)
- If you want to save a different amount, change the numbers and press "Calculate" again.
- You can check different amounts to see how they affect your savings.
This easy guide helps you use the calculator to figure out how much money you'll save and earn in interest with the Post Office RD scheme!
