Wed, Dec 18, 2024
Post Office FD and RD are common savings schemes. FD offers lump sum investment returns with a fixed interest rate, while RD allows monthly deposits for systematic savings. Compare their 5-year returns.
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Thu, Jan 04, 2024
Post Office Fixed Deposit (FD), also known as Post Office Time Deposit Account, and Post Office Recurring Deposit (RD) are two popular schemes for people seeking risk-free investment options. These two Post Office schemes are not market-linked and provide guaranteed returns to investors. While one can invest a lump sum amount in an FD, they can invest monthly amount in an RD. However, in the long term, Post Office FD will be a profitable option. Know how.
Wed, Sep 06, 2023
Fixed Deposits and Recurring Deposits are two popular term deposit options in India. One can invest a big sum of money in FDs for a set period of time to earn returns upon maturity. While in recurring deposits, small amounts can be deposited periodically for a long-term.
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