1

Post Office Savings Account

This scheme starts with just 20 rupees and maintain a minimum balance of 500rs. This account has facilities like deposit, withdraw and check book. 

2

Post Office Recurring Deposit

RD starts with a minimum deposit of Rs.10 and offering up to 6.9% interest. RD has a minimum tenure of 5 years. There is no maximum limit on the amount that can be saved in Post Office RD.

3

POST OFFICE TIME DEPOSIT

This scheme starts with a minimum of Rs.200. There are deposits for 2, 3 and 5 years starting from 1 year. Interest is calculated every three months but the payment is once a year.

4

Senior Citizen Saving Scheme

This scheme starts with any amount less than Rs.1 lakh and above 60 years of age are eligible for this scheme. The maturity period of this scheme is 5 years.

5

Kisan Vikas Patra (KVP)

Starting with a minimum of Rs.1000 and investing in amounts of Rs.1000. Investment will double in 118 months.

6

National Savings Certificates (NSC)

This scheme starts with a minimum deposit of Rs.100. There is no maximum limit for this scheme 7.6% interest compounded annually and paid at the time of maturity.

7

Public Provident Fund (PPF)

It is a low risk and long term saving method.It is beneficial for wage earners and self-employed people.There is no premature closing in this scheme with a tenure of 15 years.

8

Post Office Monthly Income Schemes

You can invest up to 4.5 lakhs.Those who have invested in these will be paid monthly interest for up to five years, the monthly interest is up to 7.3%.