Post Office Saving Schemes have long been a trusted choice for common people. They are popular in both cities and villages because they are safe, give guaranteed returns, and have interest backed by the government.
But it is important to know which scheme is right for you. Here, we will discuss four popular post office schemes—PORD, POMIS, PPF, and SSY.
Post Office Saving Schemes: Choose the Best
The government has kept the interest rates of post office schemes the same for July–September 2025. The four main schemes are Recurring Deposit (PORD), Monthly Income Scheme (POMIS), Public Provident Fund (PPF), and Sukanya Samriddhi Yojana (SSY). These schemes are very popular. But which one is best for you? Let’s see.
1. Post Office Recurring Deposit (PORD)
You can save money every month and build a big fund. Interest is 6.7% per year. The minimum period is 5 years. You can start with ₹100. The account can be single or joint. Early closure is allowed in some cases.
2. Monthly Income Scheme (POMIS)
This scheme gives a fixed monthly income. It is good for retired or older people. You deposit a lump sum. Interest is 7.4% per year. It is paid every month to your account. The period is 5 years. You can invest up to ₹9 lakh in a single account and ₹15 lakh in a joint account.
3. Public Provident Fund (PPF)
PPF is a long-term plan with safe returns and tax benefits. Interest is 7.1% per year. The period is 15 years. You can invest ₹500 to ₹1.5 lakh per year. It is fully tax-free. Partial withdrawal and loans are allowed. You can open the account for yourself or a family member.
4. Sukanya Samriddhi Yojana (SSY)
SSY is for the future of a girl child. Interest is 8.2% per year. Parents can open an account for daughters aged 0–10 years. The scheme lasts until the daughter turns 21 or marries. Minimum investment is ₹250 per year, and maximum is ₹1.5 lakh. It is fully tax-free.
Choose the scheme that is best for you.
