Neha Nagar Instagram – Good News, Some Government-backed schemes are currently offering higher interest than FDs — with sovereign safety and fixed income benefits.
Let’s break down the top 5 👇
1️⃣ Post Office Monthly Income Scheme (POMIS)
Best for people who want regular monthly income.
Current interest: ~7.4% p.a. (paid monthly)
Investment limit:
• ₹9 Lakhs – Individual
• ₹15 Lakhs – Joint
How to invest:
• Visit your nearest Post Office
• Fill POMIS application form
• Submit KYC (PAN, Aadhaar, photos)
• Deposit cheque/cash
• Monthly interest gets credited to your bank/post office account
2️⃣ Post Office Time Deposit (TD)
Works like a bank FD — but often offers slightly better returns.
5-year TD interest: ~7.5% p.a.
Tax benefit: Eligible under Section 80C (only 5-year TD).
How to invest:
• Open at any Post Office
• Choose tenure: 1, 2, 3, or 5 years
• Submit KYC deposit amount
• Interest paid annually (or compounded)
3️⃣ National Savings Certificate (NSC)
A 5-year fixed savings scheme.
Interest: ~7.7% p.a. (compounded annually).
Tax benefit: Section 80C deduction available.
How to invest:
• Buy NSC from Post Office
• Minimum investment: ₹1,000 (no max limit)
• Provide KYC documents
• Certificate issued (now digital/passbook mode)
• Lump sum paid at maturity
4️⃣ Sukanya Samriddhi Yojana (SSY)
One of the highest-interest Govt schemes for the girl child.
Interest: ~8.2% p.a.
EEE tax status:
• Investment tax-free
• Interest tax-free
• Maturity tax-free
How to invest:
• Open account in girl child’s name
• At Post Office or authorized bank
• Age eligibility: Below 10 years
• Min deposit: ₹250/year
• Max: ₹1.5L/year
5️⃣ Senior Citizen Savings Scheme (SCSS)
Designed for retirees seeking stable income.
Interest: ~8.2% p.a. (paid quarterly).
Investment limit: Up to ₹30 Lakhs.
How to invest:
• Available at Post Offices & select banks
• Age: 60 (or VRS retirees 55 )
• Submit retirement proof KYC
• Quarterly interest credited to account
So overall:
• Govt security
• FD-plus returns
• Tax benefits available
• Monthly/quarterly income options
Save this reel so that you don’t miss it. | Posted on 19/Feb/2026 21:35:34
