Interest rate up to 7.5%: 5-year post office time deposit (POTD) is offering higher rates than these top 10 banksUnder the POTD scheme, senior citizens are not offered any higher rates than regular citizens, unlike many banks. Interest is paid annually...
Post office term deposit (POTD) vs banks tax-saving fixed deposits (FDs): Which offers higher interest rate?Post Office Time Deposit (POTD) of 5 year tenure vs bank tax-saving FDs: Here is a comparison of 5-year POTD vs major banks’ tax saving fix...
POTD interest rate up to 7.5%: Check post office term deposit rates for Apr-JunePOTD interest rate up to 7.5%: Here is a look at 1-5 year post office term deposit interest rates for April-June 2024 quarter.
These 4 safe investments offer higher returns than bank FDs: Lock in funds nowWith the interest rates expected to fall further, this could be the last chance to lock in funds for medium to long term at a rate higher t...
At 7.5%, 5-year post office time deposit (POTD) offers higher interest rate than major bank FDs; should you go for it?Interest rate of post office time deposits (POTD) which matures in five years, has touched 7.5 per cent for the July-September quarter of 2...
Tax-saving FDs or 5-year Post Office Deposits: Which offers higher interest rate?Tax-saving FDs and post office five-year time deposits have a lock-in period of five years. Let's understand how much they offer.
Are HDFC Bank special FDs offering 7.25% interest really special? For just 5 months more, there could be better optionsHDFC Bank offers an interest rate of 7.20 per cent for fixed deposits maturing in 35 months, and 7.25 per cent for deposits maturing in 55 ...
POTD 5 years vs tax-saving FDs for senior citizens: Interest rate comparison, tax benefits, premature withdrawalTax-saving FDs and POTDs provide tax benefits under Section 80C of the Income-tax Act of 1961, allowing for a deduction of up to Rs. 1.5 la...
SBI, HDFC Bank, ICICI Bank FD interest rates vs Post Office Term Deposit ratesHere is a quick comparison of FD interest rates of big banks including SBI, ICICI Bank and HDFC Bank with post office term deposits.
What is the current Post Office time deposit interest rate?The Post Office time deposit is also known as the India Post National Savings Time Deposit Account. The post office also accepts time depos...
Top 5 investment options offering fixed interest rate without stock market volatilityIf an individual looks toward fixed interest returning tax-saving investments without any volatility in the stock market then major investm...
SBI vs HDFC Bank vs ICICI vs POTD: Which offers highest FD interest ratesMany big banks, including SBI, ICICI Bank, and HDFC Bank, have raised fixed deposit rates for balances less than Rs 2 crore. While, interes...
Post office time deposit: Why you need to link POTD to savings account before this dateIndividuals should link their post office time deposit to their post office savings account or bank account, according to a recent notifica...
Post office time deposit premature withdrawal can cost you 48% of the interestWhere banks usually charge a penalty of 0.50-1% for premature withdrawals, for POTD the charge will be much higher as it will depend on how...
PPF and Sukanya Samriddhi interest rates kept unchanged; 1-year post office time deposits interest hikedAccording to a circular issued by the Finance Ministry, interest rates of small savings schemes like PPF and Sukanya Samriddhi Yojana have ...
FDs vs NCDs vs small savings schemes: Where should you invest now?If you are looking at investing in a fixed income product, here is a look at how small saving schemes stand in comparison to bank FDs and N...
How to open post office time deposit schemePost office time deposit may suit those investors who are ultra conservative and want assured returns with highest safety of the principal.