Post Office FD vs RD: Which will generate higher returns on Rs 5 lakh investment in 5 Years?
What is Post Office Fixed Deposit (FD)? Post Office FD is a small savings scheme offered by India Post where individuals can deposit a lump sum amount for a fixed tenure, and in return, they earn interest on that amount at a predetermined rate. What is Post Office Recurring Deposit (RD)? Post Office RD is…