Senior Citizen Savings Scheme :

Senior Citizen Savings Scheme (SCSS) has the highest interest rate of 8.60 percent. The minimum deposit is Rs.1,000 in this scheme which is exclusively for senior citizens above 60 years. Maximum Rs.15 Lakhs. There are also tax exemptions under Section 80C of the IT Act.

Sukanya Samriddhi Yojana :

The Sukanya Samriddhi Yojana (SSY) scheme for girls can earn an interest rate of 8.40 percent. You can also deposit Rs.250 per month.You can also get tax exemptions under Section 80C.

Public Provident Fund :

The interest rate in the Public Provident Fund (PPF) is 7.90 percent. Under this scheme, you can invest anywhere from Rs.500 to Rs.1.5 lakh annually. Tax benefits are also available under Section 80C.

National Savings Certificate Scheme :

The 8th installment of the National Savings Certificate (NSC) scheme with a period of five years is running. The interest rate is 7.70 percent. The minimum investment is Rs.1,000. There is no upper limit. Any amount can be invested.

Term Deposit Scheme :

The interest rate ranges from 6.90 percent to 7.70 percent. The minimum investment is Rs.1,000. The maximum amount can be invested. Tax exemptions under Section 80C are applicable.

Post Office Monthly Income Scheme :

The interest rate in the Post Office Monthly Income (PMI) scheme is 7.60 percent. The minimum investment is Rs.1,500. The maximum investment limit in single accounts is Rs.4.5 lakhs.9 lakhs in joint accounts.

Kisan Vikas Paper :

This Kisan Vikas Patra (KVP) is one of the oldest schemes offered by the post office. The interest rate is 7.60 percent. The minimum investment is Rs.1,000.

Recurring Deposit Scheme :

The interest rate in this scheme is 7.20 percent. The minimum investment is Rs.100. Maximum amount can be deposited.

Savings Account :

This is a savings account available like banks. Post office savings account holders can get a 4 percent interest rate on their deposits.

At least Rs.500 should be kept in the account. Maximum can be worn.