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Single‑Investment Time‑Deposit
The Post Office announced a new time‑deposit scheme that promises ₹2 lakh of interest from a single investment, the service provider said on 16 August. According to the announcement, depositors will need to place a lump sum once; the interest earned would be the sole return on the investment.[2]
Expected Proceeds
Under the scheme, the interest payout is reported to equal ₹2 lakh, with no principal return implied. The product is marketed as a robust option for savers looking for a simple, one‑time commitment.[2]
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