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Post Office Offers 5 Secure Savings Schemes with Up to 8.2 Percent Interest
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News18•12-10-2026, 14:05
Post Office Offers 5 Secure Savings Schemes with Up to 8.2 Percent Interest
- •Post office small savings schemes are ideal for investors seeking secure returns without exposure to stock market volatility.
- •The Public Provident Fund offers an annual interest rate of 7.1 percent with a 15-year tenure.
- •The National Savings Certificate provides a 7.7 percent annual interest rate compounded yearly with a five-year maturity.
- •The Post Office Monthly Income Scheme offers a 7.4 percent annual interest rate paid out monthly for regular income needs.
- •The Senior Citizen Savings Scheme provides the highest interest rate among the five at 8.2 percent with quarterly payouts for retirees.
- •Kisan Vikas Patra doubles the invested amount in 115 months at an annual interest rate of 7.5 percent.
Key Questions Answered
The Senior Citizen Savings Scheme currently offers an annual interest rate of 8.2%, which is the highest among the five post office schemes. The interest is paid out every three months for an initial tenure of five years.
The Public Provident Fund has a tenure of 15 years, with an annual interest rate of 7.1% for the October-December 2026 quarter. Investors can deposit a minimum of ₹500 and a maximum of ₹1.5 lakh in a financial year.
For the October-December 2026 quarter, Kisan Vikas Patra offers an annual interest rate of 7.5%, which causes the invested amount to double in 115 months, or approximately 9 years and 7 months. The minimum investment required is ₹1,000.
