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The premature withdrawal rules for post office time deposits (also known as post office FD) has been revised by the government. The new rules do not allow premature withdrawal of a 5-year post office before it completes four year from the date of deposit. Further, if 5-year post office FD is prematurely withdrawn, then post office savings account interest is paid. ....
Senior Citizen Fixed Deposit over Rs 5 lakh: Post Office vs Banks - Which is safer? financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Banks revise fixed deposit interest rates depending on the RBIs repo rate announcement, while Post Office Time Deposit (POTD) interest rate is revised by the government every quarter. Here is a comparison of Post office time deposits and SBI fixed deposit interest rates ....