Investment in post office has always been safe. Here the investor also gets the security and trust of the government along with better interest. There are many schemes in the post office which are better than investing in banks.
Post Office Investment Scheme: Investment in post office has always been safe. Here the investor also gets the security and trust of the government along with better interest. There are many schemes in the post office which are better than investing in banks.
Post Office Savings Account: This is a normal savings account in which you invest regularly every month or every year. It is a safe investment option which is suitable for individuals having a habit of regular savings.
Post Office Miscal Scheme: This scheme provides an option to invest for a fixed tenure and gives you an opportunity to earn income along with regular savings.
Post Office Monthly Income Scheme (MIS): In this scheme investors deposit a fixed amount at one go and they get regular income every month.
Post Office Public Provident Fund (PPF): PPF is a long term investment scheme in which you invest for a fixed period of time by making regular visits and receive payouts after a specified period.
Post Office Sukanya Samriddhi Yojana: This scheme is designed for the future of girls, in which investments are made in their name and monetary assistance is provided to them after a certain period of time.
Post Office Recurring Deposit: Post Office Recurring Deposit is an investment scheme provided by the Government of India through the Post Office. The scheme aims to encourage long term investment. Its main objective is to earn regular income by making regular investments.
Senior Citizen Savings Scheme: Senior Citizen Savings Scheme is a special savings scheme provided by the Government of India which is designed for senior citizens. The objective of this scheme is to provide regular investment facility to the old age persons. You have to apply for Senior Citizen Savings Scheme by visiting your local post office. You have to provide the necessary information in the application form and you may require suitable documents.
Kisan Vikas Patra: Kisan Vikas Patra is a type of investment scheme provided by the Government of India through the post office. This scheme is designed for farmers and aims to provide them with a safe investment option. The duration of Kisan Vikas Patra is determined according to the scheme. This investment is made for a fixed period and the investor receives the principal amount at the end of the period. To apply in this, you have to go to your local post office and apply for Kisan Vikas Patra. You have to provide the necessary information in the application form and you may require suitable documents.
