Post office deposits News
)
Under this scheme, 5.50 percent interest is given on 7-day to one-year FDs.
One can earn 6.70 percent interest on FDs ranging from 3 years to 5 years.
One can open an account at post office with a minimum of Rs 1,000.
)
A one-year to three-year Post Office Time Deposit (TD) now pays 5.5 percent interest.
The current rate of interest on Post Office Recurring Deposits (RD) is 5.8%.
The interest rate on the Post Office Monthly Income Scheme (MIS) is currently 6.6 percent.
)
Existing depositors have been given time till December 31, 2017 to provide the 12-digit unique identification number.
)
People have deposited a staggering Rs 32,631 crore in nearly 1.55 lakh post offices across the country following demonetisation of Rs 500/1000 currency notes.
)
Government is likely to lower interest rates on small savings like PPF and post office deposits to bring them in line with market rates.
)
The Finance Ministry on Tuesday said the interest rate on small savings like PPF and post office deposits will be reviewed, but interest of small savers will be taken into account while doing so.
Loading...
