Post Office Schemes: These schemes of post office give more interest than banks. These are considered better for long term investment. Know which schemes are included in this. In today’s era, saving has become very important for everyone. No one knows when you might need money in life. That’s why people invest in different places for saving. If you are looking for a safe and reliable option for saving, then these post office schemes can prove to be useful for you.
There are many such schemes here. Which not only give guaranteed returns. But many times you get more interest than the FD of banks. By investing in these schemes, you can also get the benefit of tax exemption. Let us tell you complete information about these schemes.
Post Office Monthly Income Scheme
If you want more returns than the bank, then the Post Office Monthly Income Scheme can be very useful for you. In this scheme, you get 7.4% annual interest, which comes to your account every month. The scheme is locked in for 5 years. In this, you can invest a maximum of 9 lakh rupees from a single account and up to 15 lakh rupees from a joint account.
Senior Citizen Saving Scheme
After retirement, people often look for such schemes where they can get good returns after depositing money. For this, the Post Office Senior Citizen Saving Scheme is an excellent scheme. People aged 60 years and above can take advantage of this. In this, you get 8.2% annual interest rate, which comes to your account every quarter. Tax exemption is also available in this scheme.
Recurring Deposit Scheme
Post Office’s Recurring Deposit Scheme is for those people who want to save a little bit every month and make safe savings. Let us tell you that in the July-September 2025 quarter, 6.7% annual interest is being given on this. One can start this scheme with just Rs 100 per month.
Sukanya Samriddhi Scheme
Sukanya Samriddhi Yojana is also one of the best schemes of the post office. It is for those people who want a safe and better return option for their daughter’s future. Currently, it is getting 8.2% annual interest. Which is much more than the FD and other savings schemes of banks. It can be opened in the name of the daughter. Investment can be made from Rs 250 to Rs 1.5 lakh annually. Maturity happens when the daughter is 21 years old or on marriage.
Kisan Vikas Patra
There is also a scheme of the post office which gives you a chance to double your money. Let us tell you that in Kisan Vikas Patra you can double your money in about 115 months i.e. 9 and a half years. Currently, it is getting 7.5% annual interest. The best thing about this scheme is that there is no upper limit in it.