Diabytes
Post Office Recurring Deposit Scheme News
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The minimum age bar is 18 years.
The maximum age bar is not defined.
You can also take a loan under the scheme.
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You can establish an RD with the Post Office Recurring Deposit Scheme by becoming the legal guardian of a young kid.
You have started an RD account in the name of the child at the post office, but you can close it if you need money before maturity.
If you withdraw money from an RD account before it matures, you will receive interest equal to the interest earned on the post office's savings account.
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Post Office Time Deposit offers 5.5% annual interest.
Post Office Savings Bank Account provides just a 4% annual return on their investments.
Post Office Recurring Deposit Scheme is one of the most popular investment schemes.
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