7 Benefits Of Post Office Schemes

Outlook Money

Caters All Purposes

Post office schemes cater to all purposes, from pre- and post-retirement needs and portfolio diversification to financial security and tax benefits.

Variations and Diversity

Protection Against Volatility

Post office schemes offer guaranteed returns, ensuring against market volatility. 

Government Security

For Senior Citizens

Its Senior Citizen Savings Scheme offers 8.2% with a 5-year maturity; the minimum deposit is Rs 1,000 and maximum is Rs 30 lakh.

For Girl Child

Sukanya Samriddhi Yojana offers 8.2% interest, with a maturity of 21 years. The minimum deposit amount is Rs 250, with no upper limit.

National Savings Certificate (NSC)

This savings instrument offers 7.7% with a five-year maturity. Its minimum deposit is Rs 1,000, with no maximum limit.


Kisan Vikas Patra (KVP)

It is a short-term investment scheme offering 7.5% interest. Anyone over 18 can open the account with a minimum deposit of Rs 1,000.


Public Provident Fund (PPF)

PPF offers 7.1 per cent interest with tax exemptions on investments up to 1.5 lakh in a financial year, with a lock-in period of 15 years.

Compiled By Himani Verma


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