The Department of Posts (Indian Post office) submitted application before the RBI for a license to offer full-fledged banking services. ‘We have approached RBI today and hopefully having met all the conditions of RBI, an in-principle approval might be given.…
Tag: Indian post office
Senior Citizens Savings Scheme
Senior Citizens Savings Scheme from Post office of India offers Interest @ 8.5% per annum from the date of deposit on quarterly basis. Interest can be automatically credited to savings account provided both the accounts stand in the same post office.
Loans Against NSC/KVP
Know how to take loan against NSC
Public Provident Funds
Public Provident Funds – Info and tips about Public Provident Funds from Indian Post Offices, best tax saving plans