![]() Interest is paid out annually but calculated quarterly.The investor can earn a guaranteed return on the money deposited. ![]() The higher the investment tenure, the higher is the interest rate offered. Post Office Fixed Deposit is similar to a regular bank deposit where the money is deposited for a fixed tenure and interest rate. Like banks FD, you can always calculate the interest amount by using a post office FD calculator in a hassle-free manner. ![]() They are considered as safe as it is backed by the Government of India and is the best fit for risk-averse investors. Post Office Fixed Deposit (POFD) or also called Post Office Time Deposit (POTD) is one of the oldest and most preferred forms of investment offered by the Indian Postal Services.
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