Post Office Schemes — PPF, SSY, NSC, SCSS, MIS | Universal Money Mart
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Government of India — Zero Credit Risk

Post Office Small Savings Schemes — India's Safest.

PPF, Sukanya Samriddhi Yojana, NSC, SCSS, MIS, RD, APY — all government-backed, tax-efficient schemes. Understand every scheme, compare rates, and choose the right one for your goals.

🧮 Scheme Calculator 📋 View All Schemes
8.2%SSY Rate
8.2%SCSS Rate
ZeroCredit Risk
EEEPPF Tax Free
Current Rates 2025
Q1 2025–26
👧Sukanya Samriddhi (SSY)8.2%
👴SCSS (Senior Citizens)8.2%
📬Post Office MIS7.4%
📜NSC (5 Year)7.7%
📮PPF (Public Provident Fund)7.1%
🏦KVP (Kisan Vikas Patra)7.5%
💰5-Year TD (Term Deposit)7.5%
🇮🇳
Govt of India Backed
🛡️
Zero Credit Risk
🏅
AMFI Reg · ARN 288927
💰
80C Tax Benefits
🏦
Available at Post Offices & Banks
📋 All Schemes 🔍 Compare 🧮 Calculator 📖 How to Open 🧮 APY Table ✅ Do's & Don'ts ❓ FAQ
Small Savings Schemes

All Post Office Schemes Explained

Every scheme is 100% Government of India backed. Zero credit risk. Available at any Post Office or authorised bank branch across India.

📮
Public Provident Fund
PPF — Section 80C Tax Free
7.1% per annum

India's best long-term tax-free investment. EEE status — invest, grow, and withdraw — all three are tax exempt. Compound interest credited annually. Partial withdrawals from 7th year.

Lock-in15 Years
Min/Year₹500
Max/Year₹1,50,000
InterestTax Free
✓ EEE Tax Free ✓ Zero Risk 80C Benefit
💡 Best for: Long-term tax-free wealth creation. Ideal to start for children. Loan against PPF available from 3rd year.
Open PPF Account → →
👧
Sukanya Samriddhi Yojana
SSY — For Girl Child Below 10 Years
8.2% per annum

Highest interest rate among all small savings schemes. For girl child below 10 years. Account matures when she turns 21. Partial withdrawal allowed when girl turns 18 (for education/marriage).

Rate8.2% p.a.
MaturesAge 21
Min/Year₹250
Max/Year₹1,50,000
👧 Girl Child Only ✓ EEE Tax Free 80C Benefit
💡 Best for: Every parent of a girl child should open this. Higher than PPF, fully tax free, and builds a substantial corpus for education & marriage.
Open SSY Account → →
📜
National Savings Certificate
NSC — 5 Year Tax Saving
7.7% per annum

5-year lock-in certificate. Interest is auto-reinvested (except in the last year) and counts as a fresh 80C investment each year — effectively making the interest deductible too.

Lock-in5 Years
Min Amount₹1,000
Max AmountNo Limit
CompoundingAnnual
✓ 80C Benefit ✓ Zero Risk Govt Backed
💡 Best for: Salaried employees who want to save tax under 80C + earn better than bank FD. No TDS on NSC interest.
Buy NSC Certificates → →
👴
Senior Citizens Savings Scheme
SCSS — For Age 60 and Above
8.2% per annum

Highest guaranteed safe return for senior citizens. Quarterly interest payout to your bank account — regular income for retirees. Can be extended for 3 years after 5-year maturity.

EligibilityAge 60+
Tenure5 + 3 Years
Max Deposit₹30 Lakh
PayoutQuarterly
👴 Senior Only ✓ 80C Benefit ✓ Govt Backed
💡 Best for: Every retiree should have SCSS for regular income. Best rate in its category. 80C benefit available on investment.
Open SCSS Account → →
📬
Post Office Monthly Income Scheme
POMIS — Regular Monthly Income
7.4% per annum

Fixed monthly income directly to your bank account. 5-year tenure. Excellent for retirees or anyone needing regular cash flow. Can open joint account with spouse (max ₹15L jointly).

PayoutMonthly
Tenure5 Years
Max Single₹9 Lakh
Max Joint₹15 Lakh
✓ Govt Backed Monthly Income Joint Account
💡 Best for: Retirees wanting regular monthly income. ₹9L in MIS = ₹5,550/month income. Simple and reliable.
Open MIS Account → →
🧓
Atal Pension Yojana
APY — Guaranteed Monthly Pension
₹5K max pension

Guaranteed pension of ₹1,000 to ₹5,000 per month after age 60. Contribution amount depends on your age when you join — younger = lower contribution. After death, spouse gets same pension.

Join Age18–40 Years
Pension FromAge 60
Pension Range₹1K–₹5K/mo
80CCD BenefitYes
🏛️ Guaranteed Pension 80CCD Benefit Govt Backed
💡 Best for: Unorganised sector workers — farmers, shop owners, domestic workers — who don't have EPF. Low cost, guaranteed income.
Join Atal Pension Yojana → →
🌾
Kisan Vikas Patra
KVP — Money Doubles in ~9.5 Years
7.5% per annum

Investment doubles in approx. 115 months (9.5 years) at 7.5% p.a. No maximum limit. Available in multiples of ₹1,000. Can be transferred between individuals and post offices.

Doubles In~115 Months
Min Amount₹1,000
Max AmountNo Limit
CompoundingAnnual
✓ Zero Risk Govt Backed No Max Limit
💡 Best for: Those who want a simple "double my money" goal with zero risk. No 80C benefit — purely for growth with government guarantee.
Learn About KVP → →
💰
Post Office Recurring Deposit
RD — Monthly Savings Discipline
6.7% per annum

5-year recurring deposit — save a fixed amount every month and build a corpus. Compounded quarterly. Best for children, students, and first-time savers building discipline.

Tenure5 Years
Min Monthly₹100
CompoundingQuarterly
PrematureAfter 3 Yr
✓ Zero Risk Govt Backed Start ₹100/mo
💡 Best for: Students and children learning to save. ₹500/month × 5 years = ₹35,525 maturity value. A great first savings account.
Open PO RD Account → →
Side-by-Side

All Schemes Compared

Quick reference for choosing the right scheme based on your goals.

Scheme Rate Lock-in Min Amount Max Amount Tax Benefit Interest Tax Who Can Open
📮 PPF 7.1% 15 Years ₹500/yr ₹1.5L/yr 80C + EEE Tax Free Any Resident Indian
👧 SSY 8.2% Till Age 21 ₹250/yr ₹1.5L/yr 80C + EEE Tax Free Girl child below 10 yrs
📜 NSC 7.7% 5 Years ₹1,000 No Limit 80C Taxable Any Resident Indian
👴 SCSS 8.2% 5+3 Years ₹1,000 ₹30 Lakh 80C Taxable Age 60+ only
📬 PO MIS 7.4% 5 Years ₹1,000 ₹9L / ₹15L No 80C Taxable Any Resident Indian
🌾 KVP 7.5% ~9.5 Yrs ₹1,000 No Limit No 80C Taxable Any Resident Indian
💰 PO RD (5yr) 6.7% 5 Years ₹100/mo No Limit No 80C Taxable Any Resident Indian
🏦 PO TD (5yr) 7.5% 5 Years ₹1,000 No Limit 80C (5yr only) Taxable Any Resident Indian
🧓 APY Guaranteed Till Age 60 Based on age ₹5K/mo pension 80CCD(1) Pension taxable Age 18–40, bank acc
Interactive Calculator
Post Office Scheme Calculator

Select a scheme, enter amount and years — see exactly how much your investment will grow. All calculations include compounding as per scheme rules.

📮
PPFEEE Tax Free · 15 yr
7.1%
👧
Sukanya Samriddhi (SSY)Girl child · Till 21
8.2%
📜
NSC80C · 5 yr
7.7%
👴
SCSS (Senior Citizen)Age 60+ · Quarterly payout
8.2%
📬
PO MISMonthly income · 5 yr
7.4%
🌾
KVPDoubles in ~9.5 years
7.5%
Scheme Returns Calculator
Currently Calculating: PPF @ 7.1% p.a.
Annual Investment ₹50,000
Investment Years 15 Years
■ Principal Invested ■ Interest Earned
Total Invested₹7,50,000
Interest Earned₹6,79,452
Maturity Value₹14,29,452
Tax Saving (EEE)Tax Free!

⚠ Indicative returns based on current rates. Rates may change quarterly.

Process Guide

How to Open Post Office Schemes

All schemes are available at any Post Office branch or authorised bank (SBI, HDFC, ICICI, Axis etc.). Online opening available at India Post Portal.

1
Visit Nearest Post Office or Bank

Any India Post branch across India can open all small savings schemes. Major banks (SBI, HDFC, ICICI, Axis, Kotak) also offer PPF, SCSS, and SSY. Online opening available at indiapost.gov.in.

📍 Pan-India Access
2
Carry These Documents

PAN Card (mandatory for most schemes), Aadhaar Card, Passport-size photos (2-3), Bank passbook for linking, Form for the specific scheme (available at counter). For SSY: girl's birth certificate.

📋 Documents Ready
3
Fill the Scheme Form

Each scheme has a separate account opening form (Form-1 for most). Fill personal details, nominee information, amount to deposit, and link your savings bank account for auto-credit of interest/maturity.

✍️ Simple Form
4
Make Initial Deposit

Pay the initial deposit amount by cash, cheque, or online transfer. Receive a passbook (for PPF/SSY/RD) or certificate (for NSC/KVP). Keep these safe — required for withdrawals and loan applications.

💳 Multiple Payment Modes
5
Link to DOP Internet Banking

Register for DOP (Department of Posts) Internet Banking. You can then view balance, make annual PPF/SSY deposits online, download statements — without visiting the branch each time.

📱 Online Banking
6
Set Annual Reminders

PPF & SSY: Deposit before March 31st each year. Deposit before 5th of month for best interest calculation (PPF interest calculated on minimum balance between 5th and end of month).

📅 Before 5th of Month
Atal Pension Yojana

APY Contribution Table — Your Pension Amount

Monthly contribution depends on your joining age and desired pension. Join early → pay less each month for the same pension.

Age When Joining ₹1,000/mo Pension ₹2,000/mo Pension ₹3,000/mo Pension ₹4,000/mo Pension ₹5,000/mo Pension
18 Years₹42₹84₹126₹168₹210
20 Years₹50₹100₹150₹198₹248
25 Years₹76₹151₹226₹301₹376
30 Years₹116₹231₹347₹462₹577
35 Years₹181₹362₹543₹722₹902
39 Years₹291₹582₹873₹1,164₹1,454
40 Years (Last Year)₹318₹636₹954₹1,272₹1,454
💡 Key Point: Join APY at age 18 → Pay only ₹210/month for ₹5,000 monthly pension. Same pension at age 40 → Pay ₹1,454/month. Joining early saves 7x in monthly cost. After death, spouse receives pension; after both die, nominee receives corpus.
Investor Wisdom

Post Office Schemes — Do's & Don'ts

✅Smart Things to Do
✓Open PPF for every family member — use the full ₹1.5L limit for EEE tax benefit
✓Open SSY the day your daughter is born — 21 years of 8.2% compounding is powerful
✓Deposit in PPF before the 5th of every month for maximum interest calculation
✓Senior Citizens: Always compare SCSS 8.2% before going to bank FD
✓Use MIS for regular monthly income — combine with SWP from MF for larger income
✓Join APY as early as possible — 18 is the ideal age for minimum contribution
✓Nominate a family member for all Post Office accounts — mandatory for smooth claim
✓Link DOP Internet Banking for online PPF deposits — saves branch visits
❌Avoid These Mistakes
✗Don't close PPF before 15 years — premature closure allowed only in medical emergencies
✗Don't miss annual PPF/SSY deposit — account becomes inactive if not deposited in a year
✗Don't invest more than ₹1.5L in PPF/SSY — excess gets no interest or 80C benefit
✗Don't think PPF alone is enough for retirement — 7.1% barely beats inflation. Combine with equity MF
✗Don't use KVP as a primary investment — no 80C benefit and taxable interest
✗Don't forget to submit Form 15G/H for PO MIS/NSC interest to avoid TDS
✗Don't open SSY after daughter's 10th birthday — strict age limit
✗Don't put all retirement savings in SCSS — ₹30L limit and interest is taxable
Common Questions

Post Office Schemes — FAQ

Can I open PPF at a bank or only at Post Office?
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PPF can be opened at any Post Office as well as authorised banks — SBI, HDFC Bank, ICICI Bank, Axis Bank, Kotak, PNB and many others. Bank PPF accounts are easier to manage online. The interest rate and rules are exactly the same regardless of where you open it — all governed by Government of India regulations.
Can NRIs invest in Post Office Schemes?
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No. Most Post Office Small Savings Schemes (PPF, NSC, SCSS, SSY, MIS etc.) are available to Resident Indians only. If you open a PPF account as a resident and then become an NRI, your existing PPF account can continue until maturity at resident rates but no fresh contributions after becoming NRI. NRIs should consider NRE/NRO FDs and FCNR accounts as alternatives.
What is the EEE status of PPF?
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EEE means Exempt-Exempt-Exempt — all three stages of the investment are tax-free: (1) Investment amount is exempt under Section 80C (save tax on ₹1.5L invested), (2) Interest earned during the tenure is tax-exempt, (3) Maturity amount is fully tax-exempt. PPF is one of very few investments offering complete EEE status, making it the most tax-efficient fixed income instrument in India.
Can I withdraw from PPF before 15 years?
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Partial withdrawal is allowed from the 7th financial year onwards (up to 50% of balance at end of 4th year). Complete premature closure is only allowed after 5 years and only for specific reasons: serious illness of account holder, spouse or dependent children, higher education of account holder or minor child. A 1% interest penalty applies on premature closure. Most people should plan to keep PPF for the full 15 years.
Can I open more than one PPF account?
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No — a person can hold only one PPF account in their own name (not counting minor child accounts). However, you can open a PPF account in your child's name (minor) which you operate as guardian. As a couple, husband and wife can each have one PPF account — effectively allowing ₹3L total 80C PPF investment per family per year.
What happens to SSY account if the girl doesn't use it for marriage?
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The SSY account matures when the girl turns 21 — regardless of whether she marries or not. The entire maturity amount can be withdrawn tax-free at age 21. If she wants to withdraw early for marriage, she can withdraw from age 18 for wedding expenses. The account can also be continued beyond 15 years of the deposit date even if the girl is not yet 21.

Start Your Post Office Scheme Journey Today

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Disclaimer: Interest rates shown are as per latest available information and are subject to quarterly revision by Government of India. Always verify current rates at nsiindia.gov.in or your nearest Post Office before investing. Universal Money Mart (ARN: 288927, EUIN: E543710) provides financial education only. This is not investment advice. For grievances: scores.gov.in

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