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In the Post Office RD scheme, if you save Rs.100 daily and deposit Rs.3,000 every month, you will get a maturity amount of Rs.2.14 lakh after 5 years. The total amount invested is Rs.1,80,000. The ...
The Recurring Deposit (RD) scheme of the post office is proving to be a great option for small investors. This scheme gives an opportunity to create a fund of more than ₹ 2 lakh in five years by ...
Online deposit facility into Post Office RDs is however available through India Post ... In case of a 5-year Post Office RD, deposits can be made up to 15th day of next month if account is ...
India Post has rolled out Aadhaar-based biometric e-KYC services for its popular small savings schemes like Recurring Deposit, also called post office RD, and Public Provident Fund (PPF). Now, ...
Recurring Deposit in Post Office Vs RD in Bank: ... To avoid, Form 15G or Form 15H ( depending on age) may be submitted by the investors with income below the exempted limit.
The Post Office RD scheme can be exempted from tax deduction under Section 80C of the Income Tax Act and an individual can claim up to Rs.1.5 lakh per annum, however, the interest generated is ...
National Savings Recurring Deposit Account (RD), also known as the Post Office Recurring Deposit scheme offers guaranteed returns. It has a fixed interest rate of 6.7 per cent per annum compounded ...
KYC now allowed for RD, PPF account operations in post offices, enabling Aadhaar-based digital services without paper forms ...
The Department of Posts has expanded its Aadhaar-based e-KYC biometric authentication services to include Recurring Deposit ...
Post office fixed deposits have been mentioned as Post office time deposit on the India post website. To open a TD account, a subscriber needs to deposit a minimum of Rs 200 at the time of opening.
Post Office Time Deposit TDS Exemption Limit: ... Power of Rs 50/day savings: How you can generate Rs 2,56,283 fund through Post Office RD investment. Post Office FD Interest Rate: See how Rs 1,50,000 ...