Devanand Samaddar-Author Life and Finance Coach

6 Popular Post Office Investment Schemes in India

Discover the well known mail centre speculation plans in India that deal ensured returns and tax cuts. Investigate the elements, loan fees, and benefits of these administration upheld choices for moderate financial backers.

Is it safe to say that you are searching for secure venture choices in India that ensure returns? The Indian Mail centre presents a scope of speculation plots that give dependability and appealing loan fees. These plans, upheld by the Public authority of India, are leaned toward by moderate financial backers for their generally safe. In this extensive aide, we will investigate the famous mailing station venture plans in India and their key highlights.

1. Post Office Monthly Income Scheme (POMIS):

The Mail centre Month to month Pay Plan, otherwise called POMIS or the Public Reserve funds Month to month Pay Record, is an ideal speculation choice for people looking for customary month to month pay. With a base venture of Rs. 1000 and a most extreme speculation cutoff of Rs. 9 lakh (individual) or Rs. 15 lakh (shared service), this plan offers an appealing loan cost of 7.4% p.a. (from first April 2023 onwards). The interest is paid out consistently, and the plan has a development time of 5 years. Untimely withdrawal is permitted following 1 year.

2. Post Office Recurring Deposit:

The Mailing station Repeating Store, known as the Public Investment funds Repeating Store Record, is like repeating store accounts presented by banks. It permits financial backers to store a proper sum consistently, beginning from at least Rs. 100. With a loan cost of 6.2% p.a. (intensified quarterly), this plan offers adaptability and energises restrained saving. The store residency is a limit of 5 years, with a choice to broaden it for an additional 5 years. Untimely withdrawal is allowed following 3 years, and the record can be utilised as security for getting credits.

3. Post Office Time Deposit:

The Mailing station Time Store, otherwise called the Public Investment funds Time Store Record, is practically identical to fixed store plans presented by banks. This plan permits financial backers to store a single amount for a predetermined residency, beginning from at least 1 year up to 5 years. The financing costs for various residencies are as per the following: 1-year account (6.8% p.a.), 2-year account (6.9% p.a.), 3-year account (7.0% p.a.), and 5-year account (7.5% p.a.). Untimely withdrawal is allowed following a half year, and the record can be promised or stretched out for a similar period as the underlying store.

4. National Savings Certificate (NSC):

The Public Reserve funds Endorsement, or NSC, is an administration supported charge saving speculation conspiracy. It requires a base speculation of Rs. 1000 and has a decent residency of 5 years. With an appealing loan fee of 7.70% p.a. (compounded yearly), this plan permits financial backers to guarantee a duty derivation of up to Rs. 1.5 lakh under Area 80C of the Annual Assessment Act. Be that as it may, the premium procured in the last year is available at the record holder’s annual expense piece rate.

5. Kisan Vikas Patra (KVP):

Kisan Vikas Patra is a mailing station speculation conspiracy that means to twofold the venture sum in a predetermined period. The residency changes in view of the appropriate financing cost at the hour of speculation. With a base speculation of Rs. 1000, this plan offers a financing cost of 7.50% p.a. (compounded every year). While KVP gives no tax breaks, It offers a protected venture choice for people searching for capital appreciation.

6. Mahila Samman Savings Scheme:

Presented in Spending plan 2023, the Mahila Samman Reserve funds Plan is solely accessible to ladies or minor young lady kids. With a base venture of Rs. 1000, this plan offers an appealing loan fee of 7.50% p.a. (quarterly compounding). The development time frame is 2 years, and halfway withdrawal of up to 40% of the qualified record balance is permitted following 1 year. Untimely conclusion is allowed under unambiguous conditions.

Investing in post office schemes offers several advantages:

1. Easy Transferability: Mail centre speculation records can be handily moved between India Mail centre branches the nation over.

2. Competitive Interest Rates and Low Risk: Mail centre plans offer profoundly aggressive financing costs, outperforming those presented by banks. Moreover, these plans convey insignificant gamble because of government backing.

3. Tax Benefits: Many mail centre venture plans give tax breaks under Segment 80C of the Personal Duty Act, 1961. In any case, charge rules in regards to revenue procured can fluctuate among various venture types.

4. Diverse Investment Options: Mail centre plans take care of the remarkable necessities of various financial backers, changing in store limits, charge suggestions, and profits from speculations.

5. Long-Term Benefits: Most mail centre speculations are long haul in nature, empowering financial backers to expand their portfolios by offering fixed gets back with negligible gamble.

Addressing Common Concerns: FAQs

Q: Is insurance necessary if I already have an emergency fund?

A: While an emergency fund is crucial, insurance provides a broader safety net for unexpected events, ensuring your financial stability isn’t compromised.

Q: Can insurance help with estate planning?

A: Absolutely. Life insurance can play a pivotal role in estate planning, facilitating the seamless transfer of assets to beneficiaries.

Q: Are there instances where insurance may not be necessary?

A: Dr. Samaddar suggests that insurance should align with individual circumstances. For instance, if you have ample savings to cover unforeseen expenses, insurance might play a lesser role.

Q: How can I determine the right insurance coverage?

A: Dr. Samaddar advises a comprehensive evaluation of your financial goals, responsibilities, and risk tolerance. Seeking professional guidance can help tailor coverage to your needs.

Q: Can insurance aid in tax planning?

A: Yes, certain insurance products offer tax advantages. For instance, contributions to retirement insurance plans can result in tax benefits.

Q: How does insurance contribute to a holistic financial plan?

A: Insurance complements a holistic financial strategy by providing protection against risks that can disrupt your financial goals. It ensures that unforeseen events don’t impede your progress.


The Indian Mailing station gives a scope of speculation plots that deal secure and remunerating choices for moderate financial backers. With alluring financing costs and different tax reductions, these administrations upheld plans to give solidness and consistent returns. Consider investigating these mailing station venture plans to satisfy your monetary objectives while guaranteeing inner serenity.

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