Tag: Post office savings account

The post office apart from delivering the mails also the best known for offering a wide range of financial services under the department of posts. Yes, these include small savings schemes such as public provident fund and national savings scheme certificate. However, India post office under plenty of savings schemes also offer post office savings account-with or without cheque book facility. Currently, 37 crores of the pollution are having the savings bank account in the post office. It means savings accounts are among the most popular products. Post office savings account can easily open by cash only. But do you know how much interest rate they offer and what is the minimum balance should have in the account to open? To get all the answers should know their features and benefits after ope...