| Scheme |
Features |
| Post Office Passport Seva Kendras (POPSK) |
- Currently, providing the passport services at 442 Post Offices Passport Seva Kendras
|
| Post Office Savings
Account (POSA) |
- For regular savings, withdrawals etc.
- Min. balance – ₹ 500/- and ₹ zero in case of Basic Savings Account
- ATM / Internet & Mobile Banking Facility / NEFT & RTGS
- Post office Savings Accounts with India Post Payment Bank account linkage for UPI, IMPS etc.
|
| Recurring Deposit (RD) |
- Min. instalment (per month): ₹ 100/- and thereafter any amount in the multiple of ₹ 10/-
- Max. instalment: No limit
- Term: 5 Years and extendable for another 5 years
|
| Time Deposit (TD)
1/2/3/5 Year(s) |
- Min. Deposit (Single): ₹ 1000 /- or in the multiple of ₹ 100/-
- Max. Deposit: No limit
- Income Tax exemption for investment in 5 Year TD
- Extension – Twice after completion of term
|
| Monthly
Income Scheme (MIS) |
- For source of monthly income
- Min. Deposit: ₹ 1,000/- or in its multiple
- Max. Deposit: ₹ 9.0 lakh /- (individual); ₹ 15 lakh (in Joint)
- Term – 5 Years
|
| Senior Citizens Savings Schemes (SCSS) |
- Special scheme for Senior Citizens
- For source of quarterly income
- Min. Single Deposit: Rs. 1,000/- or in its multiple
- Max. Deposit: Rs. 30,00,000/-
- Term – 5 Year and extendable after the expiry of each block period of three years
|
| Public Provident Fund (PPF) |
- Min. Initial Deposit: ₹ 500/-
- Max. Deposit: ₹ 1,50,000/- in a Financial Year
- Min. Subsequent deposit in the multiple of ₹ 50/-
- Income Tax exemption for investment
- Tax free Interest
- Term – 15 Years and extendable further
|
| Sukanya Samriddhi Yojana Account (SSA) |
- Special Scheme for girl children
- Min. Initial Deposit: ₹ 250/-
- Max. Deposit: ₹ 1,50,000/- in a Financial Year
- Min. Subsequent deposit in the multiple of ₹ 50/-
- Income Tax exemption for investment
- Tax free Interest
- Term – 21 Years
|
| National
Savings Certificate – VIII Issue (NSC) |
- Minimum investment – ₹ 1,000/-
- Maximum investment: No limit – In multiples of ₹ 100/-
- Income Tax exemption for investment
- Term – 5 years
|
| Kisan Vikas Patra (KVP)
|
- Minimum investment – ₹ 1,000/-
- Maximum investment: No limit – In multiples of ₹ 100/-
- Maturity – Double the amount of investment
|
| Mahila Samman Savings Certificate (MSSC) |
- Special Scheme for Women and girl children
- Investment is allowed from 01.04.2023 to 31.03.2025
- Minimum investment – ₹ 1,000/-
- Maximum investment: ₹ 2 Lakh per individual – In multiples of ₹ 100/-
- 3 months-time-gap between the opening of accounts
- Term – Two years
- Lockup period – 6 months
|
| PM Cares for Children Scheme 2021 |
- Special scheme for the beneficiaries identified by Ministry of Women and Child Development
- Initially, 4515 accounts were opened and funded
- Investment differs based on the age of child and maturity amount is ₹10 Lakh
- MIS Interest is payable on 10 Lakh from the age of 18 to 23
- Maturity at the age of 23 of the account holders.
|
| India Post Payment Bank (IPPB) |
- Savings and current accounts
- Virtual Debit Card
- Domestic Money Transfer services
- Bill and utility payments
- Insurance services for IPPB customers
|
