New scheme of post office will get more interest than bank in 1 year

If you also want to make a safe and profitable investment, then it is a better option for you, you can invest in fixed deposits in the post office. In this, you get the facility of interest on quarterly basis, it is very easy to get FD in the post office, you can get FD for 5 years and for 1 year, 2 years or 3 years only you can get FD done by Government of India It guarantees you that all the money of the investors is safe, in this FD offline case is checked online net banking can be done through mobile banking, in this you can do more than 1 year, can join FD account, fix for 5 years On deposit, you will get tax exemption while filing ITR. One post office FD can be easily transferred to another post office, there is no limit to open an account with minimum ₹ 1000 and deposit maximum amount.

Under this, 5.50% interest is also available on FDs of 7 days to 1 year You get 6.70% percent interest on a base of 3 years to one day and up to 5 years, it will give you good returns on FD.

Leave a Comment