The Post Office's one-year Time Deposit offers 6.90%, beating SBI's 6.25% for regular customers, while the Senior Citizens Savings Scheme pays 8.2% but carries a five-year lock-in. Higher rates often mean lower liquidity. Investors should weigh tenure, access and withdrawal rules, not just headline interest, before choosing.
Business
Post Office vs Bank FD: Higher Interest Comes With A Catch
