These post office schemes are a great combination of safe investment and good returns. Choose these schemes as per your needs and financial goals and reap the benefits.
If you are looking for good returns along with safe investment, Post Office savings schemes can be a great option for you. These schemes not only ensure safety of investment but also offer attractive interest rates ranging from 7.5% to 8.2%. Let’s know about 6 such big schemes of Post Office.
Post Office Fixed Deposit (FD)
Post Office FD can be invested for 1, 2, 3 and 5 years. 5-year FD offers an interest rate of 7.5%. Tax deduction is also available on investments in this scheme under Section 80C, which makes it even more beneficial.
Mahila Samman Saving Certificate
This scheme, specially designed for women, can be invested in for 2 years. It offers an interest rate of 7.5%. The investment limit is Rs 1,000 to Rs 2 lakh. This scheme is available till March 31, 2025.
National Savings Certificate (NSC)
is a scheme for a period of 5 years and offers an interest rate of 7.7%. It is a great option to save tax. The amount invested in it increases compounded annually.
Senior Citizen Savings Scheme (SCSS)
is a great option for people aged 60 years and above. It offers 8.2% interest for a tenure of 5 years. A maximum of Rs 30 lakh can be invested and interest is paid quarterly.
Sukanya Samriddhi Yojana (SSY)
This scheme for girls offers an interest rate of 8.2%. An annual investment of Rs 250 to Rs 1.5 lakh can be made in this scheme. This scheme is completed in 15 years and matures in 21 years.
Kisan Vikas Patra (KVP)
is a scheme that doubles your investment amount in 115 months. It offers 7.5% interest and can be started with a minimum investment of Rs 1,000.
