5 Post Office Savings Schemes For Women: Know Which Offers High Returns

In today’s dynamic financial landscape, women are increasingly taking charge of their financial futures. Recognising this transition, the Indian government has introduced a number of Post Office small savings schemes aimed primarily at empowering women investors and contributing to economic growth. Debt investors often prefer traditional investment choices such as Fixed Deposits (FDs), particularly in banks, because they are stable and provide guaranteed returns. As of February 2025, the debt investment environment in India provides a variety of options, although fixed deposits remain a popular choice among cautious investors.

Bank FD schemes offer a range of tenure options with competitive interest rates. However, the assurance of government-backed savings schemes is even more appealing. These schemes not only ensure social security but also offer great returns, making them an excellent alternative for people wishing to increase their savings.

Here, we explore the top five Post Office schemes for women, highlighting their features and benefits.

1. Sukanya Samriddhi Saving Scheme

The Sukanya Samriddhi Saving Scheme is a flagship saving scheme of the Post Office focused on ensuring the future of female children in India. This scheme enables parents to invest in their daughters’ futures before they become ten years old.

• Interest Rate: 8.2% per annum, reviewed quarterly and yearly compounded.
• Duration: The account can be maintained for a maximum of 15 years from the date of opening.
• Tax Benefits: Contributions qualify for tax deductions under Section 80C.
• Maturity Benefits: Interest is credited at the end of each financial year, providing a robust growth avenue for long-term savings.

This scheme not only encourages saving for education and marriage but also promotes financial literacy among parents.

2. Post Office Monthly Income Scheme (POMIS)

The Post Office Monthly Income Scheme (POMIS) or National Savings Monthly Income Account (MIS) is one of the widely accepted savings schemes. This scheme offers a monthly income to investors. For women seeking a reliable source of monthly income, the Post Office Monthly Income Scheme is an ideal option.

• Minimum Investment: The investor can invest in multiples of Rs 1000/-.
• Maximum Investment: The maximum investment limit is Rs 9 lakh and Rs 15 in a joint account.
• Interest Rate: 7.4% per annum
• Payout Frequency: Monthly payouts ensure a steady income stream.

This scheme is a particularly good choice for retirees or homemakers who want to improve their family income without taking on significant risk. Moreover, this program is also an excellent solution for those seeking steady income.

3. Mahila Samman Savings Certificate

The Mahila Samman Saving Certificate is tailored exclusively for women and offers a risk-free investment avenue.

• Investment Limit: Up to Rs 2 lakh can be deposited.
• Interest Rate: 7.5% per annum.
• Withdrawal Options: After one year, account holders can withdraw up to 40% of their deposit.

This scheme empowers women by providing them with flexible access to their funds while ensuring good returns on their investments.

4. National Savings Certificate (NSC)

The National Savings Certificate is another safe investment option suitable for women investors of all ages.

• Minimum Investment: Rs 100, in multiples of Rs 100.
• Maximum Investment: There is no maximum limit.
• Maturity Period: 5 years,
• Interest Rate: Currently at 7.7%

The NSC savings scheme is an ideal choice for those searching for a low-risk investment with guaranteed earnings over a certain time period.

5. Post Office Public Provident Fund (PPF)

The Public Provident Fund (PPF) is a long-term investment scheme that offers substantial benefits for women aiming for financial stability.

• Minimum Investment: Investors can begin investing in this scheme with a minimum of Rs 500.
• Maximum Investment: Investors can invest a maximum of Rs 1,50,000 in a financial year.
• Interest Rate: 7.1% per annum, compounded annually.
• Duration: The PPF account has a maturity period of 15 years, with options to extend it in blocks of five years.
• Tax: The deposits quality under section 80C of the Income Tax Act.

In summary, these five Post Office saving schemes are backed by the government of India, which makes these schemes the most secure investment option in India. The Post Office Savings Schemes for Women offer a range of investment options designed to provide financial security and attractive returns. Moreover, these schemes not only help women save effectively but also promote financial independence and security, making them excellent choices for long-term investments.

Disclaimer: This article is for educational purposes. Readers are advised to do research or visit the respective site before making any move in this respect. All this information is in the public domain. Moneydaily.in or the respective author will not be liable for any unforeseen situations. Moneydaily advises readers to consult their respective financial advisors regarding any financial requirements.