Women’s Day 2025: Do you know that the Post Office runs many excellent savings schemes for women? By investing in these schemes, you can strengthen your financial position and earn more interest than banks! These post office schemes can make a wonderful gift for you on the occasion of Mahila Divas.
These special schemes of the Post Office will give great benefits to women:
1. Sukanya Samriddhi Yojana (SSY): Secure your daughter’s future.
In the year 2015, Prime Minister Narendra Modi launched this scheme under the ‘Beti Bachao, Beti Padhao’ campaign.
If your daughter is less than 10 years old, you can open this account in her name.
A family can open accounts for a maximum of two daughters.
You can deposit a minimum of Rs 250 and a maximum of Rs 1.5 lakh every year in this scheme.
This account will accumulate a sizable sum by the time your daughter turns 18, which she can use for her education or marriage.
The best part is that this saving is also eligible for exemption under Section 80C of Income Tax!
Currently, the post office is offering 8.2% interest on this scheme!
2. Post Office Monthly Income Scheme (MIS): Get fixed income every month.
The Post Office Monthly Income Scheme (MIS) is excellent for women who want a fixed income every month.
It has a lock-in period of 5 years, i.e., you cannot withdraw money for 5 years.
The maximum investment limit for a single account has now increased from Rs 4.5 lakh to Rs 9 lakh.
In the Monthly Income Scheme, you get a return at an interest rate of 7.4%.
To invest in this scheme, you have to open an account in the post office, which you can start with just Rs 1000.
Fact Check:
The post office currently offers 8.2% interest rates on the Sukanya Samriddhi Yojana and 7.4% interest rates on the Monthly Income Scheme. These rates may change from time to time, so before investing, definitely get the latest information from the post office.
Investment limit: The maximum investment limit of Rs 1.5 lakh annually in Sukanya Samriddhi Yojana and Rs 9 lakh for a single account in the Monthly Income Scheme is correct.
Section 80C exemption: Section 80C of Income Tax exempts investments in the Sukanya Samriddhi Yojana; this information is also accurate.
Conclusion:
On Women’s Day, these Post Office savings schemes are a wonderful way to make women financially strong. Visit your nearest post office today and find out more about these schemes!
Also note: Before investing, read the terms and conditions of all schemes carefully and consult your financial advisor.
Source:
Department of Posts, Government of India—https://www.indiapost.gov.in/ (This is the official website of the post office from where the details of the schemes and interest rates can be verified..
