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Definition | : | Post-Office Term Deposit |
Category | : | Governmental » Policies & Programs |
Country/ Region |
: | India
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Popularity | : |
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Post-Office Term Deposit (POTD) Scheme is a government-backed investment scheme by the India Post (Department of Posts).
POTD Scheme is similar to a bank Fixed Deposit (FD) that allows guaranteed returns over a fixed maturity period.
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The full form of POTD is Post-Office Term Deposit