Post Office Saving Schemes 2021 – RD, TD, MIS, SCSS, PPF, NSC, KVP, SSA Intrest rate

dakghar bachat yojana: Just like the banks the post office also France money screen selected to savings for the general public. 20 saving schemes make it easy for people to save their money in a long and short period of time. In this article, we are going to provide you with details regarding one of the post office Saving Scheme 2021. We are going to tell you about how to apply for a post office Saving Scheme and the purpose of this scheme type of post office schemes eligibility etc. So read this article till the end.

What is the post office Saving Scheme?

Indian post is one of the largest postal chains in our country. Control not only the postal change but also run various deposit saving accounts and schemes for the general public. You can invest in a post office Saving Scheme with a higher interest rate as well as get tax benefits regarding all investments. Many peoples are interested in investing in post office saving schemes first of all the schemes are tax exempted under section 80c of the Income Tax Act. Post office Run various saving schemes like provident fund Sukanya Samriddhi Yojana National Savings certificate etc.

Purpose of savings scheme in post office

• The main objective of the post office Saving Scheme is to provide facilities for the people who want to save their money and get a large amount of interest rate.
• The government made the provision for hai interest rate as well as tax exemption for the investors in post office Saving Scheme 2021.
• With the help of this scheme, they will become financially strong.
• There are various types of schemes launched by the Indian post for investors to start saving their money.
• The schemes provide benefits to all sections of society.
• The minimum amount invested in the post office Saving Scheme 2021 is very low so anyone can invest in this Yojana.

Types of post office Saving Scheme

post office savings account online opening

This is like a General bank account that provides you with an interest rate of 4%. This is fully taxable so it is mandatory to maintain a minimum amount of rupees 50 in the post office saving account.

Post office time deposit scheme

You can select various tenure to invest in post office time deposit scheme. You can invest in the minimum amount of rupees 200. You can also transfer this account to someone else. If you want to deposit your amount for one year you will get an interest rate of 5.5%.

Sukanya Samriddhi Yojana (post office saving scheme for girl child)

Benefit to the girls. You can receive an interest rate of 7.6 % that is fixed under the scheme. You can invest the minimum amount of rupees 1000 and maximum amount of 150000.

National saving certificate

You can invest in this scheme for a minimum of 5 years first off you can receive the interest rate of 6.8 % that is fixed for the investors. The minimum amount of investment is rupees hundred and there is no maximum amount.

Public provident fund

This is a long-term investment scheme. The duration of this scheme is for 15 years. You can receive an interest rate of 7.1 % under the scheme. Investment mum 500 and maximum 150000 amount.

post office monthly income scheme

Under the scheme affect the rate of income will be provided to the investor for every month of their investment time period. The minimum amount of investing under the scheme is 1500 and the maximum amount is 405000. You will receive an interest rate of 6.6%. The maturity period of the scheme is 5 years.

Post office recurring deposit

The tenure of this scheme is 5 years. You need to invest every month in this scheme. The interest rate and the scheme is 5.8 %. You can invest a minimum of 10 rupees.

The benefit of post office Saving Scheme

• This Scheme has the people to motivate them to save money and invest in and post office Saving Scheme.
• With the help of this scheme, the financial condition of the investors will be improved.
• Anyone can apply for a post office Saving Scheme.
• The application process under the scheme is very easy.
• You just need a few documents to apply for the post office Saving Scheme 2021.
• This scheme is a long-term investment scheme.
• The interest under the scheme is 4% to 9%.
• This is a government scheme that is completely risk-free.
• You can also avail of tax exemption while investing under section 80c of the Income Tax Act under the scheme.
• Post office Saving Scheme provides various schemes for all classes of the people.

Eligibility criteria

• You must be a permanent resident of India to apply for the scheme.
• You must have an Aadhar card.
• You must have a pan card and passport size photograph.
• You must have proof of Residence and a registered mobile number.
• Your registered mobile number will be linked to your Aadhar card.

How to apply for the post office Saving Scheme 2021

If you want to apply for the post office Saving Scheme 2021 then read the steps that are mentioned below.

• You need to visit your nearest post office.
• You need to select which scheme you want to apply.
• After selecting the scheme you need to take the application form from the post office.
• Fill the application form carefully like your name, address, Aadhar number, etc.
• Self-attested all necessary documents required. Submit the form back to the post office.

post office savings scheme interest rate