In this video we have explained the Post Office Recurring Deposit 2020 in Hindi. This is a Post office saving scheme.
The following topics have been covered in the video:
What is Post Office RD Plan 2020?
How to open Post Office RD Account?
What is the Post office RD scheme interest rate 2020?
How a post office recurring deposit works?
What is the rebate on advance in PO recurring deposit?
What is the default penalty on PO recurring deposit?
What is the minimum & maximum permissible deposit in post office RD?
What are the tax features in a Post Office RD?
Is the deposit deductible under section 80C?
We have also compared a Post Office RD with a Bank RD 2020 and discussed the pros & cons of either.