Comprehensive Guide to Post Office Savings Schemes (POSB) – Released by Karnataka Postal Circle. Download POSB (Post Office Savings Schemes) e-Book in PDF
The Karnataka Postal Circle has released the updated version (2.0) of the guidebook detailing various Post Office savings schemes. This version incorporates the revised interest rates and provides a comprehensive overview of the schemes that cater to diverse financial needs across all age groups. Below is the index of the schemes covered in this guide, with the respective page numbers.
Index of Savings Schemes:
- Post Office Savings AccountPages: 3-4A simple savings account that offers attractive interest rates with easy accessibility at post offices across India.
- Post Office RD (Recurring Deposit) AccountPages: 5-7A recurring deposit account, ideal for those looking to build a savings habit with regular monthly deposits.
- Post Office Time Deposit AccountPages: 8-10Time deposit schemes offering fixed returns over different tenures, ensuring safety and consistent growth.
- Post Office Monthly Income AccountPages: 11-12Provides guaranteed monthly income for a secure future, particularly suited for retired individuals.
- Senior Citizens Savings Scheme (SCSS Account)Pages: 13-16Tailored for senior citizens, this scheme offers high returns and secure investment opportunities.
- Mahila Samman Savings Certificate AccountPages: 17-20Specially designed for women, this scheme encourages long-term savings with attractive interest rates.
- Sukanya Samriddhi AccountPages: 21-22A government-backed savings scheme aimed at securing the future of a girl child through high interest rates and tax benefits.
- National Savings Certificate (NSC)Pages: 23-24A fixed-income investment with guaranteed returns, perfect for long-term financial planning.
- Kisan Vikas Patra (KVP)Pages: 25-26A savings certificate designed to double your investment in a specified time period.
- Post Office Public Provident Fund (PPF) AccountPages: 27-30A long-term savings scheme offering tax benefits and compounded interest, ideal for retirement planning.
- IPPB Services (India Post Payments Bank)Page: 31Information on the banking services offered by IPPB, including digital and doorstep banking.
- ‘PM CARES for Children’ SchemePages: 32-34A special scheme aimed at securing the future of children impacted by COVID-19, ensuring financial support and education.
- Did You Know About These Profitable Post Office Schemes?Page: 35A summary of additional beneficial schemes available at post offices.
- Postal Department Services – For All Ages, For All Types of NeedsThis section provides an overview of the range of services offered by the Postal Department, tailored to meet the needs of customers of all ages. Features of the various savings schemes are briefly detailed here, with a recommendation to refer to the official website for comprehensive rules and regulations.
This guidebook is designed to help individuals choose the best savings and investment options from a range of secure schemes offered by India Post. For a detailed understanding of each scheme, including terms and conditions, customers are encouraged to visit the official website of the postal department at www.indiapost.gov.in.
By investing in these reliable schemes, you can ensure a secure tomorrow while benefiting from government-backed savings opportunities.