Interest Rates On Post Office Fixed Deposit Vs Public Provident Fund Vs Kisan Vikas Patra

Post offices offer banking services as well as saving schemes. They offer the option of opening fixed deposit (FD) accounts, public provident funds (PPF) and Kisan Vikas Patra (KVP), among other saving schemes, as stated on India Post's website indiapost.gov.in. The fixed deposit interest rates of post offices are as high as 7.4 per cent on a five-year long tenure FD. It is even higher than the interest rate of 6.75 per cent offered ...