Best Saving Schemes from Indian Post Office

Alright, thrill-seekers and money-makers, let’s dive deep into a realm often overshadowed by the high-flying world of stocks and real estate.

Enter the charming, reliable universe of the Department of Post, India. Think of it as the OG of Indian investments.

Before you raise an eyebrow, let me tell you – this isn’t your grandmother’s savings account we’re talking about.

This is an array of investment options tailored for diverse needs, backed by the trust and heritage of Indian Postal Services.

So, let’s crank up the curiosity and dive in!

1. Savings Account – The Classic

Remember your first ever visit to a post office? The chances are high that it was to open one of these. It’s straightforward, it’s trustworthy, and hey, it pays interest too!

A regular savings account, but with the old-world charm of the Indian Postal system.

2. Monthly Income Scheme (MIS) – The Steady Income Stream

For those who love the idea of a consistent monthly inflow, MIS is your golden goose. Invest an amount, and voila, get a fixed sum every month.

It’s like having a mini-salary, sans the 9-to-5 grind.

3. Senior Citizens Savings Scheme (SCSS) – Golden Years, Golden Returns

Attention, all silver-haired rockstars! This one’s specially designed for you. A scheme that not only provides a respectable interest rate but also ensures safety for your hard-earned money.

And the cherry on top? Tax benefits.

Yep, SCSS plays hardball in the best possible way.

4. Recurring Deposit (RD) – Slow, Steady, and Spectacular

Think of this as your fitness routine but for money. Deposit a fixed amount every month, and watch your money grow over time.

It’s the financial equivalent of a healthy diet and a gym routine. Consistency is the name of the game.

5. Public Provident Fund (PPF) – The Long Runner

Want to play the long game? PPF is your ideal partner. With its 15-year term and attractive interest rates, it’s one of the most popular schemes out there.

Oh, and did I mention the EEE (Exempt-Exempt-Exempt) tax benefit? Yeah, it’s a big deal.

6. Kisan Vikas Patra (KVP) – Doubling the Fun

Invest an amount and watch it double over a specific period.

That’s KVP in a nutshell. It’s simple, and there’s a kind of magic in watching your money grow twofold.

7. Sukanya Samriddhi Yojana (SSY) – Empowering the Girl Child

A crown jewel of the Indian Post Office schemes.

Designed exclusively for the girl child, this scheme not only offers splendid returns but also paves the way for a brighter, financially secure future for girls.

8. Time Deposits – Your Flexible Friends

Think of fixed deposits but with flexible time frames. Whether you’re thinking short-term or long, there’s a time deposit waiting to be your best financial pal.

9. Philately – Stamp it with Love

Alright, this isn’t strictly an investment scheme, but hear me out. Stamps can be valuable, and philately is a rewarding hobby both intellectually and financially.

The Department of Post offers some of the most exquisite stamps you can lay your hands on.


In conclusion, the Department of Post isn’t just about snail mails and age-old charm. It’s a treasure trove of investment opportunities, catering to diverse needs.

Whether you’re a risk-averse individual looking for steady returns or someone prepping for the future, there’s something here for everyone.

So, next time you walk past a post office, maybe pop in? There’s a world of opportunities waiting inside!

FAQs (Because let’s face it, we’ve all got questions!)

Is investing in the post office safe?

Absolutely! These schemes are backed by the Government of India. Talk about a safety net!

Do these schemes offer tax benefits?

Some of them, like the PPF and SCSS, do come with tax perks. Always a bonus!

How do the interest rates compare to banks?

Typically, they’re competitive, and sometimes even better. Always keep an eye on the current rates, though.

Can I operate these accounts online?

With the digitization wave, many of the postal services are now available online. However, the experience might be different from your usual net banking.

What’s the minimum investment for these schemes?

It varies, but many of them have super affordable entry points. Perfect for both newbies and seasoned investors.

Remember, it’s not just about where you’re investing, but how you’re investing.

So, take a leap, explore, and make that money work for you! 🚀

You might find these articles interesting
Mani Karthik

About the Author

Mani Karthik

Entrepreneur, Mentor & Blogger.
I help business grow & scale. Have helped 15+ companies scale in US, Middle East and India.
I share everything I learned on this blog, so that you benefit. Here’s more about me.

Learn how to make a side income
from online business.