Want To Set Up A Recurring Deposit Account In Post Office? All You Need To Know

India Post provides a range of financial services. India Post - under the Department of Posts - offers savings schemes at competitive interest rates compared with banks. One such savings scheme offered by India Post is a five-year recurring deposit account (RD), according to its website, indiapost.gov.in. The recurring deposit account offers an interest rate of 7.3 per cent per annum, compounded quarterly. The post office RD account ...