Post Office Time Deposit Account (TD), This type of accounts arrived in market with Government of India, notification, The National Savings Time Deposit Rules, 1981, and formally established the Time Deposit Account scheme. Salient features: Account Type: Single, Joint, Minor with guardian, self account minor above 10 years.Numbe

Duration: 15 year Public Provident Fund Account (PPF )Interest Rate: 7.1 % per annum (compounded yearly).Deposit: Minimum INR. 500/- Maximum INR.

5-Year Post Office Recurring Deposit Account (RD)Interest rates: 6.7​ % per annum (quarterly compounded)Minimum amount: 100/- per monthMaximum Amount: any amount in multiple of 10/-.

Interest: 7​.4​ % per annum payable monthly. Subscription amount: In multiples of INR 1000/- Maximum Limit: Maximum investment limit is INR 9 lakh in single account and INR 15 lakh in joint account. An individual can invest maximum INR 9 lakh in MIS (including his share in joint accounts). For calculation of share of an individual in joint account, each joint holder have equal share in each joint account. Account Type: Individual, Joint, Guardian on behalf of Minor, Minor above 10 years in his/her name.