5-year Post Office Time Deposit or Tax-saving bank FDs: Which offers higher interest now?

Both Tax-Saving Fixed Deposits (FDs) from banks and the Post Office 5-Year Time Deposit provide secure investment options while offering tax benefits under Section 80C. Check if they differ in interest rates, taxation, and other specifics. Post Office TD offers a fixed 7.5% rate, while banks' rates range widely depending on the institution.