Post Office fixed Deposit Scheme News
Fixed Deposits are one of the safest avenue of investment for senior citizens
Banks offer a higher interest rate on FDs for senior citizens
Senior Citizens also get tax exemption on interest from deposits
Government on Tuesday cut interest rates on small savings of 1, 2, 3 year term deposits; Kisan Vikas Patra and 5-year Recurring Deposit by 0.25 percent.
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