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National Savings Monthly Income Account can be opened by citizens seeking regular income on their investment. It is a risk-free investment that gives monthly returns on the amount deposited. The account can be opened in the local post office as well. Documents Required to open the National Savings Monthly Income Account Account Opening Form Passport …
Just like a fixed deposit, a post office time deposit scheme is a term deposit made for a specific amount for a certain duration of time. Post office in India offers a time deposit for 1, 2, 3 and 5 years. The investor can open a time deposit account in the post office by submitting …
