Thu, Jan 16, 2025
Post Office Fixed Deposit (FD) and Post Office Recurring Deposit (RD) are popular investment options for those who are looking for risk-free returns. These schemes are not linked to the market, so the returns are guaranteed. In FD, one can invest a lump sum amount at once, while in RD, investors can invest money every month.
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Tue, Aug 27, 2024
Did you know you can open both fixed deposit (FD) and recurring deposit (RD) accounts at the post office? Both are low-risk options with guaranteed returns, but they cater to different needs. An FD requires a lump sum deposit upfront, making it ideal for those with a one-time amount to invest. In contrast, an RD involves regular (usually monthly) deposits, suited for those who prefer to save a set amount periodically. This article highlights the key differences between post office FD and RD returns with illustrative examples.
Short-term investment ideas: If you want to invest for the short term, you can try investing in fixed deposit (FD), recurring deposit (RD), and debt mutual funds among many other options.
Tue, Jul 02, 2024
A post office RD is one of the most popular savings alternatives to regular fixed deposits and other long-term plans offered by post offices.
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