Posted inBusiness, Finance

Post Office RD Scheme: Withdrawing Post Office RD early results in significant financial losses, negating the benefits of the initial investment

Post Office RD Scheme: The government has recently updated the interest rates for small savings schemes offered through post offices for the last quarter of 2023. One significant change pertains to the Post Office Recurring Deposit (RD) where there has been an enhancement of 20 basis points. Starting from October 1, 2023, to December 31, […]