If you want safe investment and are looking for more interest than bank FD, then post office schemes are very good options for you. These schemes are of the government, so they are safe and they also get tax benefits.
Here we are telling you 5 best post office deposit schemes, which are currently paying interest from 7.10% to 8.20%.
👧 1. Sukanya Samriddhi Yojana – 8.20% interest
This scheme is for the future of girls.
Minimum investment: ₹ 250 annually
Maximum investment: ₹ 1.5 lakh annually
Interest Rate: 8.20%
Tax exemption: under section 80C
Only one account can be opened for every girl.
✅ Best scheme for daughter’s education and marriage.
👴 2. Senior Citizen Savings Scheme – 8.20% Interest
Age: 60 years or more
Minimum Investment: ₹ 1,000
Maximum investment: ₹ 30 lakh
Duration: 5 years
Interest Rate: 8.20%
Tax exemption: under section 80C
✅ The best scheme for secure earnings after pension.
💼 3. Public Provident Fund (PPF) – 7.10% interest
Minimum investment: ₹ 500 annually
Maximum investment: ₹ 1.5 lakh annually
Duration: 15 years
Interest Rate: 7.10%
Tax exemption: Section 80C + interest is also tax free
✅ Best for long term saving and tax savings.
🚜 4. Kisan Vikas Patra – 7.50% interest
Minimum Investment: ₹ 1,000
No maximum limit
Interest Rate: 7.50%
Ankashment: 2.5 years later
Tax Benefit: Not available
✅ Those who do not mean tax, but need fix returns.
📄 5. 5 year NSC (National Saving Certificate) – 7.70% interest
Minimum Investment: ₹ 1,000
No maximum limit
Duration: 5 years
Interest Rate: 7.70%
Tax exemption: under section 80C
TDS not cut on interest.
✅ Benefits of both tax and savings for small investors.
🔚 gulfhindi.com advice:
If you want your money to be safe, good interest and also save tax, then you can choose the right option from these schemes. These schemes are very beneficial, especially for senior citizens, daughters’ parents and tax saver.