INSUBCONTINENT EXCLUSIVE:
Post office FD: India Post offers four maturity options for its time deposit small savings schemeIndia Post offers a range of maturity
options under its time-deposit small savings scheme
India Post - which operates a network of more than 1.5 lakh post offices across the country - provides four different lock-in periods for
time deposit - or fixed deposit - accounts, and pays interest to the tune of 7-7.8 per cent per annum on such accounts, according to its
website, indiapost.gov.in
While the fixed deposits of one-year, two-year and three-year maturities have no upper investment limits in place, the five-year time
deposit allows a maximum investment of Rs 1.5 lakh a year.Post office fixed deposit investment limitsThe post office allows a minimum
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