Both Post Office deposits and bank fixed deposits are considered safe, low-risk debt options. Over longer investment periods, however, bank FDs typically generate a larger corpus, largely because of ...
Post Office Saving Schemes: Despite the reduction in the repo rate by the Reserve Bank of India, almost all banks have reduced the interest rates on fixed deposits (FDs). In contrast, the post office ...
Like banks, post offices also offer FD options. You can invest in fixed deposits for 1, 2, 3, and 5 years. However, FDs have a fixed lock-in period. You receive the full interest only upon maturity.