InvestorQ : What is a POTD or TD?
Priyanka Singh made post

What is a POTD or TD?

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Nishita Gala answered.
1 year ago
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A post office time deposit account (POTD, or TD as it is called) is one of the many post-office savings schemes operated by the India Post. It is the post office’s alternative to fixed deposits, as offered by banks.

The post office time deposit is recommended to those individuals who are ultra conservative and want the returns on their investment to be assured while keeping the principal amount absolutely safe.

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