Post Office Savings Scheme News

On 31 December, the government maintained unchanged interest rates on small savings schemes of the post office. This unaltered interest rate is for the quarter between January and March. Interest rates of small savings schemes are updated on a quarterly basis. ...

In lieu of demographic, the postal services in India have the highest scope. Their significant influence in even the most isolated rural areas, through their savings schemes, leads to the financial empowerment of each family. A Post Office Savings Account is ...

In the current scenario where investment in stocks is alarming in terms of defaults in some of the categories and markets are in the crisis period, fixed deposits of banks are the first option for the senior citizens to keep their ...

For those willing to invest in secured investment pools and get assured returns, the post office provides a plethora of deposit schemes. These deposit schemes are also widely considered as 'Small Saving Schemes'. They are backed by the central government of ...

Post office schemes, administered by the Ministry of Communications, deliver nine different small saving schemes. These schemes are very prominent among investors, in particular, because they are government-backed sovereign guaranteed. Fixed returns on investment are provided by various schemes offered by ...

Post Office provides different kinds of deposit schemes that are very prominent with investors as these schemes come with government-supported sovereign guarantee. Under section 80C of the Income-tax Act, many of these schemes also reap tax benefits, which makes such schemes ...

Post Office Monthly Income Scheme serves individuals who are looking for steady income flow may be in their post-working life. A maximum that a person can invest in this a/c is Rs. 4.5 lakh. And considering you invest in a one-time ...