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  2. India Post Payments Bank - Wikipedia

    en.wikipedia.org/wiki/India_Post_Payments_Bank

    The bank also provides features like: Account: The bank offers savings and current accounts up to a balance of ₹2 Lakh. QR Card: Customers can use QR code payments eliminating the need to remember account numbers, PINs and passwords. Unified Payments Interface; Immediate Payment Service; National Electronic Funds Transfer; Real-time gross ...

  3. Postal savings system - Wikipedia

    en.wikipedia.org/wiki/Postal_savings_system

    In Ireland, An Post provide a Post Office Savings Bank Deposit Account. It provides an interest rate of 0.15% which is added to the account at the end of the year. Customers are provided with a physical deposit book and can deposit and withdraw from the account using the deposit book at any Post Office Branch.

  4. Recurring deposit - Wikipedia

    en.wikipedia.org/wiki/Recurring_deposit

    Tax deducted at source (TDS) is applicable on recurring deposits in India. If the interest earned on recurring deposits exceeds Rs. 40,000 a year, TDS at the rate of 10% would be deducted by the bank. Income tax is to be paid on interest earned from a Recurring Deposit at the rate of tax slab of the Recurring Deposit holder. Investors with no ...

  5. National Savings Certificates (India) - Wikipedia

    en.wikipedia.org/wiki/National_Savings...

    Both sides of 1953 Fifty-Rupees Post Office National Savings Certificate. National Savings Certificates, popularly known as NSC, is an Indian Government savings bond, primarily used for small savings and income tax saving investments in India. It is part of the postal savings system of India Post.

  6. Credit card interest - Wikipedia

    en.wikipedia.org/wiki/Credit_card_interest

    Interest rates vary widely. Some credit card loans are secured by real estate, and can be as low as 6 to 12% in the U.S. (2005). [citation needed] Typical credit cards have interest rates between 7 and 36% in the U.S., depending largely upon the bank's risk evaluation methods and the borrower's credit history.

  7. What is compound interest? How compounding works to ... - AOL

    www.aol.com/finance/what-is-compound-interest...

    Say you have $10,000 in credit card debt at 20% APR. It would take you 60 months (or five years) of $266.67 monthly payments to pay off the balance, and you’d end up paying $5,823.55 in interest ...

  8. Postal Bank - Wikipedia

    en.wikipedia.org/wiki/Postal_Bank

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