PPF, SCSS, KPV, 3 other post office investment schemes that offer more than 7% guaranteed returns
Mahila Samman Savings Certificate (MSSC) post office scheme provides interest of 7.5 per cent for different tenures.
ZeeBiz WebTeam | Jul 16, 2024, 08:13 PM IST
Post office savings schemes provide guaranteed returns to its investors.
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Post office savings schemes
Here are six such schemes that provide more than seven per cent returns. Let's take a look:
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Post Office Public Provident Fund (PPF)
This scheme provides 7.1 per cent interest annually.
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Post Office Monthly Income Scheme (POMIS)
A secure govt-backed savings plan, POMIS gives 7.4 per cent interest per annum.
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Post Office Time Deposit (TD) scheme
This post office scheme provides interest of up to 7.5 per cent for different tenures.
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Post Office Kisan Vikas Patra (KVP)
The current interest rate in this scheme is 7.5 per cent.
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Senior Citizen Savings Scheme (SCSS)
Senior citizens get 8.2 per cent interest annually in this scheme.
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Mahila Samman Savings Certificate (MSSC)
This post office scheme provides interest of 7.5 per cent for different tenures.