Thu, Oct 03, 2024
SBI 3-year FD vs Post Office 3-year FD: Senior citizens use fixed deposit schemes to get regular income post retirement. They also get higher interest rates in FDs compared to what general citizens get.
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Tue, Jul 30, 2024
Post Office FD vs Post Office RD: While RD has a lock-in period of five years, in post office FD, one can make investments up to five years. The 5-year FD also offers tax benefits on deposits of up to Rs 1.50 lakh in a financial year under Section 80C of the Income Tax Act, 1961.
Tue, Jul 16, 2024
Post office FD offers 1-year, 2-year, 3-year, and 5-year FDs at different interest rates. The 5-year FD provides income tax benefits up to Rs 1.50 lakh in a financial year.
Tue, Jul 09, 2024
National Savings Time Deposit Account (TD), or post office TD, runs a total of four FD schemes with different interest rates. Interest rates for 1-, 2-, 3-, and 5-year FDs are 6.9 per cent, 7.0 per cent, 7.1 per cent, and 7.5 per cent, respectively.
Wed, Jun 26, 2024
Post offices, banks, and small finance banks run FD schemes of different durations. The post office FD is also known as National Savings Time Deposit Account (TD). The scheme offers 1-year, 2-year, 3-year, and 5-year FDs.
Wed, Apr 24, 2024
If you invest in Post Office Time Deposit Scheme, you can more than double your investment, but for this, you will have to invest your amount for five years and then extend it. An important benefit of investing in the five-year post office FD is also to get tax benefits of up to Rs 1.50 lakh on deposits.
Wed, Apr 17, 2024
Post Office runs a lot of small savings schemes that help investors get a guaranteed return on their savings. These schemes provide a fixed interest rate that helps people get either a fixed income at maturity or in the form of monthly, quarterly, or annual payments. Post Office FD, also known as National Savings Time Deposit Account (TD), is one such scheme where the investor invests a lump sum amount in the beginning and gets the maturity amount at the end of the duration.
Sat, Apr 06, 2024
Post office runs FDs of various durations- one-year, two-year, three-year and five-year. Though all of them provide guaranteed return not all of them provide income tax relaxation on deposits up to Rs 1.50 lakh under Section 80C of the Income Tax Act, 1961. Five-year FD (Post Office FD) is the only FD that provides tax relaxation up to Rs 1.50 lakh on deposits.
Mon, Apr 01, 2024
National Saving Time Desposit Account (TD), or Post Office FD, is a one-time investment guaranteed return scheme where one gets returns in the form of interest. Post office runs FDs of one-, two-three- and five-year durations. The five-year FD is also known as income tax saving FD as it provides tax relxation of up to Rs 1.50 lakh under Section 80C of the Income Tax Act.
Wed, Apr 12, 2023
Post Office TD: Post Office Time Deposit Accounts can be held for a duration of 1 year, 2 years, 3 years, or 5 years. The deposit period can be extended for a year upon maturity
Tue, Apr 19, 2022
POST OFFICE TIME DEPOSIT is one of the most famous investment scheme offered by India Post to the general public. This is very effective for such areas of India where bank or investment options are less. The minimum investment amount is 1,000 rupees.
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