Sukanya Samriddhi Yojana
Sukanya Samriddhi Yojana: This scheme grants an impressive 8 percent annual interest rate on deposited amounts. Individuals can open an account for a girl child aged up to 10 years.
Read More: Here is how to access your NPS transaction statements through DigiLocker
Senior Citizen Savings Scheme (SCSS)
Senior Citizen Savings Scheme (SCSS): Individuals aged 60 years or above can open an account at the post office and benefit from a robust 8.2 percent interest rate on their deposits.
Read More: Best international mutual funds to invest in 2023
National Savings Scheme
National Savings Scheme: The National Savings Scheme presents investors with a compelling interest rate of 7.7 percent. Minimum investments of Rs 100 and maximum investments of Rs 1.5 lakh are permitted under this scheme.
Read More: Repo Rate Status Quo Brings Relief To Home Loan Borrowers, Hope For Real Estate Developers
Post Office Time Deposit Scheme
Post Office Time Deposit Scheme: Investors can allocate funds for durations of 1 year, 2 years, 3 years, or 5 years. Notably, the post office offers a noteworthy 7.5 percent interest rate on the 5-year time deposit.
Post Office Recurring Deposit Account (RD)
5-Year Post Office Recurring Deposit Account (RD): The current interest rate on the 5-year scheme is 6.20% per annum on both individual and joint accounts.
