Post Office FD: Deposit 1 Lakh, Get Rs 44,995 Interest – Higher Returns Than Banks!

• Post Office Time Deposit (TD) schemes offer higher interest rates compared to bank FDs.
• RBI's repo rate cut led banks to lower FD interest, but Post Office rates remain high.
• A 5-year Post Office TD offers a 7.5% interest rate, yielding Rs 44,995 interest on a Rs 1 lakh deposit.
• Post Office TD accounts are government-regulated, ensuring safety and fixed returns.
• Interest rates vary by tenure: 1-year (6.9%), 2-year (7.0%), 3-year (7.1%), and 5-year (7.5%).