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India Post offers nine types of saving schemes through its network of more than 1.5 lakh branches across the country. Most of these schemes offer a rebate under Section 80C of the Income Tax Act. Here’s a look at the schemes available: 1. Post Office Savings Account A savings account can be opened with Rs […]
India Post has various deposit schemes, which are backed by the central government. Among them is the savings account, which offers 4% interest per annum. The minimum balance required to be maintained in a savings account is Rs 500. If the account fails to maintain that amount, a maintenance fee of Rs 100 is charged […]
