Post Office Time Deposit scheme will fetch you higher returns than fixed deposit with tax exemptions
Post Office Time Deposit Scheme offers fixed-term investment with guaranteed interest and principal repayment.
Stay updated with breaking news from Small Saving Scheme. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Post Office Time Deposit Scheme offers fixed-term investment with guaranteed interest and principal repayment.
Continue reading to find out why one should invest in this post office scheme.
Finance Ministry announces PPF, NSC, Post Office scheme interest rates, know details - The interest rate for small savings schemes has not been revised since the first quarter of 2020-21.
The Central government has decided to keep the interest rates offered on small savings schemes unchanged.
Public Provident Fund (PPF) and National Savings Certificate (NSC) will continue to carry an annual interest rate of 7.1 per cent and 6.8 per cent, respectively, in the fourth quarter as well.