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Post Office Savings Schemes: Where to Get the Highest Returns for Your Money?
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News18•21-09-2026, 12:44
Post Office Savings Schemes: Where to Get the Highest Returns for Your Money?
- •Post Office Savings Schemes offer interest rates ranging from 4% to 8.2%, providing safe investment options.
- •Senior Citizen Savings Scheme (SCSS) and Sukanya Samriddhi Yojana (SSY) offer the highest interest rate of 8.2%.
- •National Savings Certificate (NSC) provides 7.7% interest with a 5-year lock-in and Section 80C tax benefits.
- •Kisan Vikas Patra (KVP) offers 7.5% interest, doubling money in 115 months with no maximum investment limit.
- •Monthly Income Scheme (MIS) yields 7.4% interest, allowing regular monthly income with a maximum investment of Rs. 15 lakh in a joint account.
Key Questions Answered
The Senior Citizen Savings Scheme offers the highest interest rate of 8.2% with a maximum investment limit of Rs. 30 lakh for individuals aged 60 and above.
Kisan Vikas Patra offers an interest rate of 7.5%, and the invested money doubles in 115 months, which is 9 years and 7 months, with no maximum investment limit.
Sukanya Samriddhi Yojana has a maturity period of 21 years with required deposits for 15 years, allowing annual deposits from Rs. 250 to a maximum of Rs. 1.5 lakh for girl children under 10 years of age.
