InvestorQ : What are post-office savings schemes?
priya Shah made post

What are post-office savings schemes?

Gauravi Patel answered.
2 years ago

India Post, the government-operated postal system in India, offers Indian citizens a variety of savings schemes which are known as post-office savings schemes.

The savings schemes offered by India Post are:

1. Post Office Savings Account

2. Five-Year Post Office Recurring Deposit Account (RD)

3. Post Office Time Deposit Account (TD)

4. Post Office Monthly Income Scheme Account (MIS)

5. Senior Citizen Savings Scheme (SCSS)

6. 15-year Public Provident Fund Account (PPF)

7. National Savings Certificates (NSC)

8. Kisan Vikas Patra (KVP)

9. Sukanya Samriddhi Accounts (SSA)

India Post offers a number of savings schemes including fixed deposits (FDs) monthly income schemes (MIS) and recurring deposits (RDs).