Do women get more interest from men in the post office? Check details
Country The Department of Posts provides not only postal services to citizens but also many banking and financial facilities. The post office gives its customers the option to invest in many types of savings schemes. Along with the general savings account at the post office, RD Account, TD Account, Monthly Income Scheme, Senior Citizen Savings Scheme, Public Provident Fund, Sukanya Samriddhi Yojana, Kisan Vikas Patra, National Savings Certificate accounts can be opened. Here we will know whether women get more interest from men in the post office savings scheme?
Do women get more interest from men
The post office does not pay more interest to women in any of its savings scheme than men. Women and men get equal interest in post office plans. Not so, the post office does not pay much interest to senior citizens than women and men. Women, men and senior citizens get equal interest on post office savings accounts, RD accounts, TD accounts, monthly income scheme, PPF, Kisan Vikas Patra Scheme. The bank also gives interest equal to men on savings accounts, RD accounts and FD accounts. However, the bank pays more interest to senior citizens on FD accounts.
Girls and senior citizens get more interest in SSY and SCSS scheme
However, in a post office scheme, girls under 10 years of age get the most. Yes, girls get a return at an interest rate of 8.2 percent on Sukanya Samriddhi Yojana (SSY). Let us tell you that so much interest is not available on the savings schemes of the post office or any bank. Sukanya Samriddhi Yojana is a central scheme, which can be opened in any bank other than the post office. In addition, senior citizens get the highest interest of 8.2 percent under Senior Citizen Savings Scheme (SCSS). SCSS accounts can also be opened in banks besides post offices.
Latest business news