How Much Commission Does A Post Office Agent Get When You Open A Recurring Deposit?

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[This one's an FYI post.]

Three percent.

If you open a 5-year Recurring Deposit (RD) at the Post Office through an Agent, the Agent gets a commission of 3% on the amount deposited each month. For a Rs 5,000 per month RD, the Agent’s commission is Rs 150 per month. The good thing though is that this commission isn’t deducted from your deposit — it’s paid separately by the Post Office to the Agent.

Tagged as: commissions, recurring deposits

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