Post Office Saving Schemes: Fixed Deposit (FD) Vs Recurring Deposit (RD)
Post Office Fixed Deposit (FD) Vs Recurring Deposit (RD): Features, Interest Rates, Details
Rates of return on post office fixed deposit vary according to tenure of the account while interest rate on recurring deposits is fixed at 7.3% p.a.
Investment under five years fixed deposit qualifies for benefit under Section 80C of the Income-Tax Act