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Post Office Savings Schemes

Explore all government-backed savings schemes offered by India Post. Choose from various options based on your investment goals, tenure preferences, and risk appetite.

Showing 7 schemes

💰

RD

Recurring Deposit Account

If you want to save regularly with monthly deposits and earn attractive interest on your savings Recurring Deposit is for you.

Min Investment

₹100

Tenure

5 Years

Interest Rate

6.7%

Required Form:
Form-4 (premature closure), Passbook required
Payout to:
Post Office Savings Account Linked Scheme
Premature:
Premature closure allowed after 3 years with interest adjustments
Tax Benefit:
No tax benefit
🏦

TD

Time Deposit Account

Fixed Deposit scheme with guaranteed returns for a tenure of 1 to 5 years, requiring just a one-time investment.

Min Investment

₹1,000

Tenure

1-5 Years

Interest Rate

7.5%

Required Form:
Form for premature closure and passbook
Payout to:
Post Office Savings Account Linked Scheme
Premature:
Premature closure allowed after 6 months with reduced interest rate
Tax Benefit:
Eligible for 80C only for 5-year TD
📅

MIS

Monthly Income Scheme

Get monthly income with a one-time investment for 5 years with Post office you can earn attractive monthly fixed income

Min Investment

₹1,500

Tenure

5 Years

Interest Rate

7.4%

Required Form:
Check with post office
Payout to:
Post Office Savings Account
Premature:
Check specific scheme rules
Tax Benefit:
No tax benefit
👧

SSA

Sukanya Samriddhi Account

Special savings scheme for girl child with highest interest rate and tax benefits.

Min Investment

₹250

Tenure

21 Years

Interest Rate

8.2%

Required Form:
Form-2 (partial withdrawal), Form-1 (deposit)
Payout to:
Post Office Small Savings Scheme
Premature:
Partial withdrawal allowed after the girl child turns 18 or for marriage
Tax Benefit:
Eligible for tax deduction under Section 80C
🌾

KVP

Kisan Vikas Patra

Double your money in approximately 10 years with this savings certificate.

Min Investment

₹1,000

Tenure

9 years and 7 months

Interest Rate

7.5%

Required Form:
Check with post office
Payout to:
Post Office Savings Account
Premature:
Check specific scheme rules
Tax Benefit:
No tax benefit
📜

NSC

National Savings Certificate

5-year investment certificate with tax benefits under Section 80C.

Min Investment

₹1,000

Tenure

5 Years

Interest Rate

6.8%

Required Form:
No specific form for withdrawal, certificate required
Payout to:
Post Office Small Savings Scheme
Premature:
Premature closure not allowed except on death of account holder or court order
Tax Benefit:
Eligible for tax deduction under Section 80C
👴

SCSS

Senior Citizens Savings Scheme

Exclusive scheme for senior citizens with quarterly interest payments.

Min Investment

₹1,000

Tenure

5 Years

Interest Rate

8.2%

Required Form:
Check with post office
Payout to:
Post Office Savings Account
Premature:
Check specific scheme rules
Tax Benefit:
No tax benefit

How to Make the Most of Post Office Saving Schemes?

Post Office saving schemes are among the safest and most reliable ways to grow your money. They’re backed by the Government of India, which makes them ideal for conservative investors looking for guaranteed returns with low risk.

To make the most of these schemes, invest consistently and try not to withdraw your money before maturity. Premature withdrawals usually result in lower interest earnings, so staying committed for the full term can help you maximize returns.

Diversifying across different schemes like Recurring Deposit (RD), Public Provident Fund (PPF), National Savings Certificate (NSC), and Monthly Income Scheme (MIS) can help you balance liquidity, income, and tax savings. Many of these qualify for deductions under Section 80C.

Use the savings calculator above to test various investment amounts and durations. It gives you a clear idea of how your savings will grow over time and helps you plan more efficiently.

Disclaimer: The information shared here is for educational purposes only. Please consult a certified financial advisor before making any investment decisions.