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17.12 - 14:41
This Post Office scheme lets you double your money – Check interest rate, features, withdrawal rules
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financialexpress.comThe post office offers various types of deposit schemes, which are quite popular among investors. It is mostly because they are guaranteed – backed up by the government. Some of these schemes, also come with tax benefits under section 80C of the Income-tax Act, hence, many investors prefer having these schemes in their portfolio.
The multiple savings schemes include Post Office Time Deposit Account (TD), Post Office Monthly Income Scheme Account (MIS), Senior Citizen Savings Scheme (SCSS), Post Office Savings Account, National Savings Certificates (NSC), Kisan Vikas Patra (KVP), Sukanya Samriddhi Accounts, 5-Year Post Office Recurring Deposit Account (RD), and Public Provident Fund Account (PPF). However, these schemes cater to different
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