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Post Office Savings Accounts (POSA) have emerged as a favourable option for individuals opting for the new tax regime, offering specific tax benefits not available with regular bank savings accounts.
Usually, people open savings accounts in the bank, but if you open a savings account in the post office, then you can get many benefits from that account. In this, you will get all the facilities ...
Latest Post Office Small Savings Schemes Rates: The government has announced that interest rates for small savings schemes will remain unchanged for the first quarter of FY 2025-26. PPF will ...
Here we compare between the FDs offered by banks and the Post Office Savings Scheme to decide which among them is the better option for investors looking from different angles. Bank FDs and Post ...
When considering tax-saving investments, post office savings schemes stand out as secure ... prefer fixed returns but want an alternative to bank FDs with tax benefits. It is an excellent choice ...
The post office savings account has no upper limit for deposits, according to India Post — which runs more than 1,55,000 branches across the country. No, there is no maximum deposit limit in place.