The post-office time deposit (POTD) is similar to a bank fixed deposit (FD) facility of banks. (Image by Megan Rexazin from Pixabay) The post office time deposit is also known as post office fixed ...
Post office schemes mean security and guaranteed returns. With this confidence, lakhs of people invest their hard-earned money in Post Office Time Deposit (POTD), i.e., FD. Especially a 5-year FD, ...
The post-office term deposit (POTD) is similar to a bank fixed deposit as it allows investors to save money for a certain period of time while earning a guaranteed return.(Photo by Mick Haupt on ...
With the Government raising interest rates on select small-saving schemes by up to 110 basis points, the age-old post office time deposits shall fetch 6.6-7 per cent per annum, from January 1. This ...
Government updates small savings schemes rates quarterly. 5-year Post Office Time Deposit (POTD) rates remain steady. Banks offer tax-saving benefits on 5-year fixed deposits with varying interest ...
There is no limit on maximum investment in both NSC and 5-year Post Office Time Deposit. There are several investment avenues available to save taxes, two of such options are National Savings ...
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