A Post Office Savings Account offers a range of benefits, making it a viable alternative to traditional bank savings accounts ...

Post office savings accounts offer better interest rates than banks, with a minimum balance requirement of only Rs. 500.

A committee of MPs has called for the government to be fined if it fails to provide redress quickly enough to victims of the Horizon software scandal, as its report said the Post Office has spent ...

PICKING up the family car at her local garage, Katie Thomas needs to fork out for two new tyres and wheel alignment. But ...

The postal department is rolling out a paperless Know Your Customer (KYC) system using Aadhaar biometric verification for ...

Until the full system enhancements are implemented, customers' consent for e-KYC and specimen signatures will be collected ...

Dan Gheorghe, 23, was involved in a money laundering group that left a woman devastated after they tricked her into ...

During this initial phase, customers can open single-type Post Office Savings Accounts (POSA) through Aadhaar-based authentication at Departmental Post Office counters. The development follows similar ...

Deposits and withdrawals from Post Office Savings Account Credits and debits from Post Office Savings Account (POSA) linked with e-KYC will be allowed either on Aadhaar Authentication basis or ...

This then allows a greater amount of savings to grow even more, especially in high-yield saving accounts. In other words, you earn interest on your interest. As you build your savings with past ...

7.5 per cent Monthly Income Account: 7.4 per cent. According to the government’s new interest policy, post office schemes are an excellent option for those seeking risk-free investments with good ...

Savings accounts are a great place to stash cash for a rainy day but the benefits — and costs — vary from bank to bank. In 2022, the typical American had $8,000 in cash across their bank ...