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Category: Indian Post Office Savings
Offers information about various post office saving schemes from Indian Post offices.
Gold Coins
With its launch by A Raja, Minister for Communications and Information Technology, the Post Offices have started selling 24 carat gold coins from October 15, 2008. The sale will be available in over 100 India Post outlets in Delhi, Tamil…
National Savings Scheme
National Savings Scheme (NSS) offers an assured return and tax rebates under Income Tax Act. The rate of interest is 9 per cent per annum, compounded annually. NSS is available at post offices across India. You can open only one…
Post Office Small Savings
This section of savingwala.com offers information about various savings and investments plans available to residents of India via. Indian Post offices. These schemes are popular among each and every section of society as they offers higher returns without any risk/loss.…
Kisan Vikas Patra (KVP)
The Scheme Kisan Vikas Patra was discontinued with effect from 1.12.2011. Scheme Re-launched Please read about Kisan Vikas Patra Here Following text is for information purpose only Kisan Vikas Patras (KVPs) are available at all Head Post Offices and authorized…
Post Office Recurring Deposit Accounts
A post office recurring deposit account (RDA) is similar to a recurring deposit in a bank, where you can invest a fixed amount on a monthly basis. The postal RDA has a fixed tenure of five years.
National Savings Certificate/NSC
National Savings Certificate is a saving plan offered by Indian Post office. National Savings Certificate
is most popular among the middle class families and salaried persons in India.
Monthly Income Scheme (MIS)
Indian post office monthly income scheme (MIS) provides for monthly payment of interest income to investors. The monthly income scheme is best for retired persons having lumpsum amount for investment.
Time Deposit
Post office Time deposit scheme is a type of fixed deposit account offered by Department of post, Government of India at all post office. This saving plan is best for those investors who want to deposit a lump sum for a fixed period. Investor gets a lump sum (principal + interest) at the maturity of the deposit, where rate of interest on investment depend on the term of deposit.
Public Provident Funds
Public Provident Funds – Info and tips about Public Provident Funds from Indian Post Offices, best tax saving plans