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Small Savings Schemes

Compare all government small savings schemes. Find the right scheme for your goal, track interest rate changes every quarter, and build a smart savings strategy.

What Are Small Savings Schemes in India? A Complete Guide Small savings schemes in India are government-backed investment tools designed to provide a secure way for citizens to save. They … 5 min read
Small Savings Schemes vs Bank FD Rates — Which Pays More in 2024? Small savings schemes in India generally offer higher interest rates and tax benefits compared to bank fixed deposits (FDs). Howev… 5 min read
RBI Floating Rate Bond vs SCSS — Which Rate Is Smarter Right Now? The Senior Citizen Savings Scheme (SCSS) is generally better for senior citizens due to its higher, fixed interest rate and tax be… 5 min read
How Much Real Return Does SCSS Give After Tax and Inflation? The Senior Citizen Savings Scheme (SCSS) currently offers an 8.2% interest rate, but your real return is much lower. After account… 5 min read
Why Did Small Savings Rates Not Drop During COVID the Way FD Rates Did? Small savings schemes in India did not drop rates like FDs during COVID because they are set by the government, not banks. The gov… 5 min read
What Is the Maximum Investment Limit in SCSS for an Individual? The maximum investment limit in the Senior Citizen Savings Scheme (SCSS) for an individual is 30 lakh rupees. This limit applies t… 5 min read
How to Open an SCSS Account at a Bank or Post Office To open an SCSS account, gather your identity, address, and age proofs, then visit an authorized bank or post office branch with y… 5 min read
How to Collect Quarterly Interest From Your SCSS Account The quarterly interest from your Senior Citizen Savings Scheme (SCSS) account is automatically credited to a savings account linke… 5 min read
SCSS vs NPS Annuity — Which Gives Better Post-Retirement Income? SCSS offers a high, government-guaranteed interest rate for a fixed 5-year term, making it ideal for safety-focused retirees seeki… 5 min read
SCSS Maturity Checklist — What to Do When Your Account Matures When your SCSS account matures after 5 years, you can either close and withdraw or apply for a one-time 3-year extension within on… 5 min read
SCSS for Government Retirees — How to Invest Gratuity and PF Proceeds The Senior Citizen Savings Scheme (SCSS) is one of the best ways to invest your gratuity and PF proceeds after retirement. It offe… 5 min read
What Is PMVVY and How Does It Compare With SCSS? Pradhan Mantri Vaya Vandana Yojana (PMVVY) is a pension scheme from LIC offering a guaranteed return for 10 years. The Senior Citi… 5 min read
What Is the Best Small Savings Scheme for Monthly Income? The best small savings scheme for monthly income is the Post Office Monthly Income Scheme (POMIS), as it provides a fixed, guarant… 5 min read
How to Pick Between PPF, NSC and SCSS for Your Tax Saving Needs Choosing between PPF, NSC, and SCSS depends on your age, financial goals, and need for regular income. PPF is best for long-term t… 5 min read
Is It a Myth That Government Savings Schemes Beat Inflation? The idea that government savings schemes always beat inflation is only partially true. While many small savings schemes in India l… 5 min read
₹25 Lakh in Small Savings Schemes — What Is the Best Allocation Strategy? Investing 25 lakh rupees in small savings schemes in India requires a balanced strategy based on your financial goals. A sound app… 5 min read
Which Small Savings Scheme Is Right for a Rural Family in India? The right small savings scheme for a rural family in India depends on the financial goal. Schemes like the Sukanya Samriddhi Yojan… 5 min read
Are Post Office Schemes Insured Like Bank FDs Under DICGC? No, Post Office schemes are not insured by the DICGC like bank fixed deposits. Instead, they are backed by a sovereign guarantee f… 5 min read
How to Replace Debt Mutual Funds With Government Schemes After Tax Rule Changes Recent tax rule changes have removed the indexation benefit from new debt mutual fund investments, making their gains taxable at y… 5 min read
How to Build a Monthly Income Stream Using Multiple Post Office Schemes You can build a monthly income stream using Post Office schemes by combining options like the Monthly Income Scheme (MIS) and Seni… 5 min read
How Much Monthly Income Can a Retired Couple Generate From ₹1 Crore in Small Savings? A retired couple can generate a monthly income of approximately 65,875 rupees from a 1 crore corpus by investing in a mix of small… 5 min read