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Get higher interest rate on 1 Year FD in this post office scheme, see details

Putting resources into the post office can end up being truly beneficial. Make sense of that you can put resources into fixed deposits in the post office. You get numerous facilitiess under this plan.

Not exclusively will you get benefits and ensures under this plan. In this, you get the facility of premium (Post Office FD Interest Rate 2022) on quarterly premise.


Getting FD in the post office is additionally extremely simple. India Post has given this data on its site. As per this data, you can get FD in thepost office for various 1,2, 3, 5 years. Let us tell you the advantages accessible in this plan.

  1. The Government of India gives you an assurance on making FD in the post office.
  2. In this, the cash of the investors is totally protected.
  3. FD in this should be possible through offline (money, check) or online (net banking/mobile banking).
  4. In this you can accomplish more than 1 FD.
  5. Aside from this, FD account can be joint.
  6. In this, by putting aside a decent payment for a very long time, you will get tax exclusion at the hour of filing ITR.
  7. One can without much of a stretch exchange FD starting with one post office then onto the next post office.

Open FD like this
To finish FD at the post office, you can open an account by paying check or money. In this, accounts can be opened with at least Rs 1000 and there is no restriction on the greatest sum saved.

Get extraordinary interest on FD
Under this, 5.50 percent premium is accessible on FD of 7 days to one year. A similar interest rate is likewise accessible on FDs of 1 year 1 day to 2 years.

Simultaneously, FDs of as long as 3 years likewise get interest at the pace of 5.50 percent. 6.70 percent premium is accessible on FDs from 3 years one day to 5 years. That is, here you will get great benefits on FD.

Source

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