POSB (Post Office Savings Schemes) e-Book | Relesed by Karnataka Postal Circle

Comprehensive Guide to Post Office Savings Schemes (POSB) – Released by Karnataka Postal Circle. Download POSB (Post Office Savings Schemes) e-Book in PDF

Date of Release: 07th October 2024

Version: 2.0

Applicable Interest Rates: From 1st April 2024 to 31st December 2024

Source: India Post

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.

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Index of Savings Schemes:

1. Post Office Savings Account
   Pages: 3-4
   A simple savings account that offers attractive interest rates with easy accessibility at post offices across India.

2. Post Office RD (Recurring Deposit) Account
   Pages: 5-7
   A recurring deposit account, ideal for those looking to build a savings habit with regular monthly deposits.

3. Post Office Time Deposit Account
   Pages: 8-10
   Time deposit schemes offering fixed returns over different tenures, ensuring safety and consistent growth.

4. Post Office Monthly Income Account
   Pages: 11-12
   Provides guaranteed monthly income for a secure future, particularly suited for retired individuals.

5. Senior Citizens Savings Scheme (SCSS Account)
   Pages: 13-16
   Tailored for senior citizens, this scheme offers high returns and secure investment opportunities.

6. Mahila Samman Savings Certificate Account
   Pages: 17-20
   Specially designed for women, this scheme encourages long-term savings with attractive interest rates.

7. Sukanya Samriddhi Account
   Pages: 21-22
   A government-backed savings scheme aimed at securing the future of a girl child through high interest rates and tax benefits.

8. National Savings Certificate (NSC)
   Pages: 23-24
   A fixed-income investment with guaranteed returns, perfect for long-term financial planning.

9. Kisan Vikas Patra (KVP)
   Pages: 25-26
   A savings certificate designed to double your investment in a specified time period.

10. Post Office Public Provident Fund (PPF) Account
    Pages: 27-30
    A long-term savings scheme offering tax benefits and compounded interest, ideal for retirement planning.

11. IPPB Services (India Post Payments Bank)
    Page: 31
    Information on the banking services offered by IPPB, including digital and doorstep banking.

12. ‘PM CARES for Children’ Scheme
    Pages: 32-34
    A special scheme aimed at securing the future of children impacted by COVID-19, ensuring financial support and education.

13. Did You Know About These Profitable Post Office Schemes?
    Page: 35
    A summary of additional beneficial schemes available at post offices.

14. Postal Department Services – For All Ages, For All Types of Needs
    This 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.

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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.