Post office interest rate
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Its a one time visit there is no need for me to visit Post office again for the same purpose. The three schemes are among the total nine schemes offered by India Post, which is also starting its soon. The tenure or duration of the fixed deposit is also quite flexible, unlike the recurring deposit schemes.
Its because of the safe and security and elements of the post office. April 1, 2016 to make them closer in interest rates to the similar instruments offered by the banking sector. The current interest rates offered for post office schemes are 7.
Felt really sorry for that old man. People can before making investment. I have easily processed because of my friend but it will not happen to normal customers. I have got the fixed deposit account with the India post office. The schemes offered include the 15-year Public Provident Fund and the Post Office Monthly Income Scheme.
Latest and Revised Post Office Small Saving Interest rates - The account comes with the option of withdrawal of up to 50 per cent of the balance after one year, among other features.
This trend has given an indication, that interest rates may be going up in the future. As expected, Ministry of Finance has increased the interest rates for post office saving schemes. Some of the interest rates are increased by 0. What is the latest post office small saving schemes interest rates in October to December 2018. post office interest rate How is the post office interest rates trend looking in the last 6 quarters. Also Read: Latest and Revised Post Office Small Saving Interest rates — Oct to Dec-2018 There is good %age of hike in interest rates now. This is a good news to investors who are investing in small saving schemes. Latest and Revised Post Office Small Saving Interest rates — Oct to Dec-2018 Here is the quick snapshot about the latest and revised interest rates, which is applicable from Oct to December, 2018. Citizens Saving Scheme, which is 8. After compounding, the term deposits give a yield of 6. Hence Post office Time deposits are best, compared to bank fixed deposit schemes. If you want to double your money in banks, you need post office interest rate deposit for at least over 125 months. The maturity amount is tax free. This is still a good small saving investment scheme for Oct to Dec 2018 quarter. Otherwise, you can invest in. Latest and Revised Post Office Small Saving Interest rates — Oct to Dec-2018 How is the trend looking for Small Saving Schemes Interest Rates in the last 6 Quarters. If you are aconsider investing in small saving schemes offered by the post office. If you enjoyed this article, share it with your friends and colleagues on Facebook and Twitter. Suresh Latest and Revised Post Office Small Saving Interest rates — Oct to Dec-2018 i. If you like our blog, you can share some of the good articles on your Facebook or Twitter.
