![]() This facility will not be available at sub-offices and branch offices but only at Head or Departmental Sub Offices. The savings account has to be in the same post officeĢ. If one doesn’t wish to withdraw the annual interest, they can instruct the post office to re-direct it into the savings account or a 5-year recurring deposit account.ġ. Interest is payable annually but is calculated quarterly. The government sets the interest rate of POTD at the start of each quarter in a financial year. But the amount must be in multiples of Rs. There is no such limit on the maximum amount that can be deposited. ![]()
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