What are savings some schemes in post office?

The Indian post office offers a variety of savings schemes that are designed to help individuals save money and earn interest on their savings. Here are a few of the savings schemes offered by the Indian post office:

Post Office Savings Account: This is a basic savings account that allows individuals to deposit and withdraw money as needed. It offers a relatively high interest rate compared to bank savings accounts.


Public Provident Fund (PPF): This is a long-term savings scheme that offers a fixed interest rate. The minimum investment period is 15 years, and the maximum is 25 years.


National Savings Certificate (NSC): This is a fixed-term investment product that offers a fixed interest rate. It is available in denominations of Rs. 100, Rs. 500, Rs. 1,000, and Rs. 5,000, and the minimum investment period is 5 years.


Sukanya Samriddhi Account: This is a savings scheme specifically for the girl child. It offers a relatively high interest rate and has a minimum investment period of 21 years.


Senior Citizen Savings Scheme (SCSS): This is a savings scheme specifically for senior citizens (age 60 or above). It offers a relatively high interest rate and has a minimum investment period of 5 years.