Best Investment Plan for 5 Years in Post Office

Post Office Time Deposit Account

Currently, the interest rate for time deposits (TD) is 6.6 per annum. There is not a maximum deposit limit in this scheme. The interest rate of the post office time deposit account is payable annually but calculated quarterly.

5-Year Post Office Recurring Deposit Account

The Post Office Recurrence Deposit is also known as a short-term savings plan where depositors need to deposit their fixed assets for a minimum of 5 consecutive years.

Senior Citizen Savings Scheme

The Senior Citizen Savings Scheme was established in 1992. The main aim of the scheme was to provide financial support to the senior citizens of India.

Click Read More To View All the Schemes in Details

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