The Post Office Department is working to modernize the Post Office Savings Bank, and is hoping to increase the limit on savings accounts that attract five percent interest, from $6,000 ...

A Post Office Savings Account offers a range of benefits, making it a viable alternative to traditional bank savings accounts. With a minimum balance requirement of just ₹500, this account ...

The post office savings account has no upper limit for deposits, according to India Post — which runs more than 1,55,000 branches across the country. No, there is no maximum deposit limit in place.

A government committee has suggested raising interest rates on Post Office savings bank deposits to 4%, a suggestion that could benefit lakhs of small depositors. Advisory Alert: It has come to ...

Post office savings bank services in J&K report 21% growth Post office savings bank services in Jammu and Kashmir have registered a growth of 21% during the past fiscal year and the Department of ...

One such income is the interest on post office savings accounts. Under the new regime, taxpayers can claim a tax exemption of up to ₹3,500 on a single account and up to ₹7,000 on a joint ...