The new interest rates of the post office are offering several attractive options in April 2025, providing a golden opportunity for safe and guaranteed returns for investors. Post office plans, such as Fixed Deposit (FD), Monthly Income Scheme (MIS), Recurring Deposit (RD), Public Provident Fund (PPF), and other, provide various interest rates to investors for various periods. The interest rates of these schemes are periodically modified, based on the performance of government bonds.
Post office plans are not only safe, but they also provide tax benefits. For example, investing on 5 -year fixed deposit can provide tax exemption under Section 80C of the Income Tax Act. The interest rates and features of these schemes are very important for investors, as they help make investment decisions.
Post Office Plans Overview
A detailed description of the post office plans is given below:
| Name of the scheme | Features and interest rates |
| Skull deposit (FD) | 6.90% to 7.50% per year interest rate for a period of 1 to 5 years. Minimum deposit ₹ 1,000. |
| Monthly income scheme | 7.4% per year interest rate, monthly payment. Maximum investment limit ₹ 9 lakh (single) and ₹ 15 lakh (joint). |
| Recurring deposit (RD) | 6.7% per year interest rate, duration of 5 years. Monthly deposit starts at ₹ 100. |
| Public provident fund | 7.1% per year interest rate, a period of 15 years. Tax benefits under Section 80C of Income Tax Act. |
| National savings certificate | 7.7% per year interest rate, duration of 5 years. Tax benefits are also available. |
Post Office Fixed Deposit (FD) Scheme
Post Office Fixed Deposit (FD) is a safe investment option, providing various interest rates to investors for a period of 1 to 5 years. The interest rates of this scheme are 6.90% to 7.50% per year, depending on the duration of investment. Investing on 5 -year FD also provides tax benefits under Section 80C of the Income Tax Act.
Post Office FD characteristics:
- Minimum deposit: ₹ 1,000
- Interest Payment: Annual
- Premature withdrawal: possible after 6 months
- Enrollment facility: available
Post Office Monthly Income Scheme (MIS)
Post Office Monthly Income Scheme (MIS) is suitable for investors who want regular income. The interest rate of this scheme is 7.4% per year, and interest is paid monthly. MIS has a maximum investment limit ₹ 9 lakh (single) and ₹ 15 lakh (joint).
MIS characteristics:
- Interest Rate: 7.4% per year
- Payment: Monthly
- Investment limit: ₹ 9 lakh (single), ₹ 15 lakh (joint)
- Minimum deposit: ₹ 1,000
Post Office Recurring Deposit (RD) Scheme
Post Office Recurring Deposit (RD) is a popular scheme in which investors can deposit a fixed amount every month. The interest rate of this scheme is 6.7% per year, and it is for a period of 5 years. The monthly deposit in RD starts at ₹ 100.
RD characteristics:
- Interest Rate: 6.7% per year
- Duration: 5 years
- Monthly deposit: Starts from ₹ 100
- Compounding: quarterly
Post Office Public Provident Fund (PPF) Scheme
Post Office Public Provident Fund (PPF) is a long -term savings scheme, which is for a period of 15 years. The interest rate of this scheme is 7.1% per year, and it also provides tax benefits under Section 80C of the Income Tax Act.
PPF Characteristics:
- Interest Rate: 7.1% per year
- Duration: 15 years
- Tax Benefits: Under Section 80C of Income Tax Act
- Minimum deposit: ₹ 500
Post Office National Savings Certificate (NSC) Scheme
Post Office National Savings Certificate (NSC) is another popular scheme for a period of 5 years. The interest rate of this scheme is 7.7% per year, and also provides tax benefits under the Income Tax Act.
Characteristics of NSC:
- Interest Rate: 7.7% per year
- Duration: 5 years
- Tax Benefits: Under Income Tax Act
- Minimum deposit: ₹ 1,000
Post Office Senior Citizen Savings Scheme (SCSS) and Sukanya Samriddhi Yojana (SSY)
Post Office Senior Citizen Savings Scheme (SCSS) and Sukanya Samriddhi Yojana (SSY) are also very popular. The interest rate of SCSS is 8.2% per year, which is particularly for senior citizens. The interest rate of SSY is also 8.2% per year, and it is a special plan for girls.
Features of SCSS and SSY:
- SCSS interest rate: 8.2% per year
- SSY interest rate: 8.2% per year
- Duration: ScissS – 5 years, SSY – 21 years
- Minimum deposit: SCSS – ₹ 1,000, SSY – ₹ 250
conclusion
Post office plans are a good option for safe and guaranteed returns for investors. The interest rates and features of these schemes help in investing in investment. Investors should invest in these schemes according to their financial needs and goals.
Disclaimer: This article is for general information and it would be appropriate to consult a personal financial advisor for any investment decision. Post office plans come with government guarantee and are considered safe, but interest rates vary from time to time.
