Savings Bank

Monthly Income Scheme (MIS)

Recurring Deposit

Time Deposits

Senior Citizen Savings Scheme (SCSS)

Public Provident Fund

Kisan Vikas Patras

National Savings Certificates (NSC)

Savings Schemes Chart

FAQ on Banking

Negative List

 

 Post Office Savings Schemes

 
 

  

          Any individual  (a single adult or two adults jointly) can open an account.

     Group Accounts, Institutional Accounts and Misc. account not permissible.

    Trust, Regimental Fund or Welfare Fund not permissible to invest.

     1 Year, 2 Year, 3 Year and 5 Year TD can be opened.

     2, 3 & 5 Year TD Accounts can be closed after one year at a discount.

     Rate of interest - 6.25%, 6.50%, 7.25%, 7.5% compounded quarterly for 1,2,3 &5 years TD account respectively

 

 Type of Account

Minimum Deposit

Maximum Deposit

1,2,3 & 5 Year TD

Rs.200/- and in multiples of Rs. 200/- thereafter

No limit.

 

Post Office Savings Bank  -  The safest investment

 " Save today-Smile tomorrow "

"Pay Day is your Savings Day "

Time Deposit Rules