Mon, Oct 28, 2024
A detailed comparison between Post Office 5-Year Fixed Deposit (FD) and Post Office Monthly Income Scheme (MIS), exploring eligibility, deposit limits, interest rates, and returns on a Rs 4.5 lakh investment over five years.
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Fri, Oct 25, 2024
Calculate the interest earned on a Rs 2 lakh Post Office FD for tenures of 1, 2, 3, and 5 years. Discover returns, interest rates, and tax-saving benefits of Post Office Term Deposits.
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.
Mon, Nov 27, 2023
Fixed Deposit Monthly Income is a better option for senior citizens who can earn monthly income on their deposits while keeping them safe. If you invest in a tax saver fixed deposit account, you can avail tax exemption on amount up to Rs 1,50,000 in a financial year under Section 80C of the Income Tax Act.
Thu, Jun 02, 2022
Post Office Monthly Income Scheme (Post Office MIS) is a government small savings scheme, which gives investors an opportunity to earn a fixed amount every month. Market volatility has no effect on this investment. Being a post office scheme, your money remains safe. This is a 5 years scheme, which can be extended further for 5-5 years.
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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