The Post Office Saving Schemes include several reliable products and offer risk-free returns on investment. Around 1.54 lakh post offices spread all over the country operate these schemes. For example, the government operates the PPF scheme via 8200 public sector banks and the post offices in each city.
Fixed Deposit is the most popular investment choice in India. Like Banks, RBI permits selective corporates & NBFCs to accept deposits for a fixed interest rate and tenure. Such deposits are called Company or Corporate Fixed Deposit.
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