Post Office Savings Schemes#
Popular Schemes#
-
Public Provident Fund (PPF)
- 15-year tenure
- 8.2% interest (tax-free)
- ₹1.5 lakh max/year
-
Monthly Income Scheme (MIS)
- 5-year tenure
- 8.2% monthly interest
- ₹4.5 lakh max (single)
-
Fixed Deposit (FD)
- 5-year lock-in
- 8.5% for senior citizens
Tax Benefits#
- PPF: Interest & maturity tax-free
- NSC: Reinvested interest taxable
- All qualify under 80C