Best Saving Plan | Post Office Saving Schemes

No plan of the country is so safe as the post office best saving plans. Be it a bank fixed deposit or a mutual fund SIP. The good thing is that every kind of scheme is available in the post office. Here you will get a child plan, there is also a scheme for senior citizens. And only here you get the scheme of doubling the money. Apart from this, there are many schemes that will save you a lot of tax. So, let’s now know in details regarding the post office best saving plans

What Is Post Office Savings Account?

This is the initial saving scheme of the Post Office Department to encourage low-income people to save.

Any person can open this account for just 20 rupees. In this, money can be deposited and withdrawn anytime. If you want to take a chequebook, you have to open an account with at least 500 rupees. If the account is already open, then you can issue a cheque book by depositing 500 rupees in it Best Saving Plan.

Some Of The Best Saving Plans Of Post Office:

Saving is significant for future monetary security and for the prosperity of our family. In the period of scarcity, we depend on our savings for help. A brilliant method of savings is an interest in Fixed Income Investments. Fixed Income Instruments are offered by the post office to urge individuals to contribute and procure safeguarded fixed returns.

The post office is running the following 9 savings schemes. The names of these schemes are as follows. The government reviews the interest rate of these schemes every three months.

• Sukanya Samriddhi Yojana Account | Sukanya Account

• Senior Citizen Savings Scheme | Saving account

• National savings certificate | NSC Scheme

• 15 Year PPF Account | PPF Account

• Post Office Monthly Income Scheme | POMIS

• Kisan Vikas Patra | KVP Scheme

• Post Office FD Account | FD / TD

• 5 Year Post Office RD Account | RD

• Post Office Savings Account | Saving account