It involves a deposit a five years scheme where the consumer can deposit his or her money every month for about five years. It has a period of 5 years, it is also known as PORD – post office recurring deposit. One of the many services performed by the post office is the post office recurring deposit scheme. The post offices often perform the duties of a bank usually in the remote areas of the country like villages and small towns, where the banking services are unavailable. The India post offices often serve the purpose of a bank apart from mailing letters and parcels. Do we get tax rebate on RD Recurring Deposit in Post Office ?ĥ year Post Office RD Recurring deposit account.Post Office Recurring Deposit RD Rebate.Recurring Deposit RD interest rate 2022 formula in post office.Post Office Recurring Deposit RD Calculator.How to open a RD Account in post office.Post Office Recurring Deposits RD Interest Rates.5 year Post Office RD Recurring deposit account.
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