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It’s important to understand the difference between India Post’s various financial services in order to avail products that best suit your requirements
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It is the oldest public utility service in the country, much older even than the railways, and certainly deserves better handling
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At present, an interest rate of 7.6% is designated for Sukanya Samriddhi Yojana account
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People living in metro cities may not see IPPB as a great option but for villagers residing in remote parts of the country, it can be a gamechanger in terms of financial inclusion
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You can buy a Kisan Vikas Patra certificate with a minimum investment of Rs 1,000 and maximum at Rs 10 lakh
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In comparison to banks, post office savings schemes offer a higher interest rate, which makes them a preferred investment option
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New Delhi: India Post expects to make the Post Office Savings Bank interoperable with other bank accounts by April and will focus on enhancing digitisation of all services in 2021, a senior official of the department said. The postal department during the lockdown was at the frontline to deliver essential parcels when rail, road and […]
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Post Office India offers several saving schemes which provide tax rebate. These schemes give rebate according to Section 80C of Income Tax Act. The most popular amongst these schemes is Public Provident Fund (PPF). Opening a PPF account is quite simple. You have to visit the India Post office once for account activation; the rest […]
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India Post is largely synonymous with postal services across the country. However, it also offers many savings schemes. Some of the saving schemes offered by India Post under Post Office Saving Schemes are very customer-friendly. One can open a bank account with India Post by visiting the nearest post office branch. The minimum amount required […]
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Postal services in India enjoy strong access in terms of geography. Their banking services have helped deepen their influence in many remote regions. This led to an upsurge in financial inclusion and empowerment of rural Indian families. Every post office across India has a savings/deposit scheme run by the central government. This is known as […]