Post Office KVP Scheme vs SBI FD; Interest Rate | Investment Benefits | FD vs Post Office Kisan Vikas Patra Scheme: SBI cuts FD interest rates, know where to invest now more beneficial

New Delhi10 minutes ago

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The government has not changed the interest rates of small savings schemes for July-September (Q2FY26). That is, you will continue to get the same interest as before. If you are planning to make fixed deposits (FD) these days, then before that the Post Office’s Kisan Vikas Patra (KVP) should also know about the interest rates of the scheme.

This scheme of the post office is getting 7.5% interest annually. At the same time, the country’s largest bank has cut the interest rates of FD. Here we are telling you about the National Savings Time Deposit Scheme of the post office …

Accounts can be transferred from one person to another In this, this certificate can be transferred from one person to another. It can also be transferred from one post office to another post office.

There is also a facility to open a joint account The age of the person investing in the farmer development letter must be at least 10 years. Apart from single account, it also has a joint account facility. The plan may also include minors under 10 years of age, but their parents will have to be maintained.

It has two and a half years of lock in period If you want to withdraw your investment, then you will have to wait for at least two and a half years (30 months). It has a two and a half year lock in period. That is, you cannot withdraw money from this scheme for so many years.

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