Question

What are the advantage of POSB( post office saving bank)?

Answer 1

Answer:

The post office savings account is a deposit scheme provided by the post office throughout India. The account provides a fixed interest rate on the account balance. It is a beneficial scheme for individual investors who wish to earn a fixed rate of interest by investing a significant portion of their financial assets.

Explanation:

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Answer 2

Answer:

ans. post office saving bank provides fixed intrest rate on account balance

Explanation:

ans. post office saving bank provides fixed intrest rate on account balance