Explore the top 5 post office saving schemes offering up to 8.20% returns over 5 years. Safe investment options for guaranteed and steady growth.

Yojana Sukanya Samriddhi

The Sukanya Samriddhi Yojana offers an interest rate of 8.20% on 5-year deposits, with a minimum investment of Rs. 250 and a maximum investment of Rs. 1.5 lakh annually. The program provides benefits under Section 80C and permits one account per girl child.

The Savings Plan for Senior Citizens

The Senior Citizens’ Savings Scheme offers an interest rate of 8.20% on 5-year deposits, with a minimum investment of Rs 1,000 and a maximum investment of Rs 30 lakh. The program has a five-year term and a sixty-year-old minimum age. Additionally, it provides Section 80C tax benefits.

The Public Provident Fund

The Public Provident Fund gives a 7.10% interest rate on 5-year deposits, with a minimum contribution of Rs 500 and a maximum commitment of Rs 1.5 lakh annually. It has a 15-year term and provides Section 80C tax benefits in addition to tax-free returns.

Patra Kisan Vikas

With an interest rate of 7.50% on 5-year deposits, Kisan Vikas Patra offers a minimum investment of Rs 1,000 and an unlimited maximum investment. The investment has no tax advantages and can be redeemed after two and a half years.

NSC VIII issue for five years

The 5-year NSC VIII issuance offers an interest rate of 7.70% on 5-year deposits, with a minimum investment of Rs. 1,000 and no upper restriction on the maximum investment. It has no TDS deduction and provides tax benefits under Section 80C.

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