Post Office Savings Bank Account is a deposit scheme with easy and safe access for Indian residents. It is available in post offices throughout India. You have to complete your application process to open a savings account in Post Office. For that, you need to meet the eligibility criteria, fill a form, and submit the required documents.Read more
Top performing plans with High Returns*
Invest ₹10K/month & Get ₹1 Crore returns*
You can get the India Post Office Savings scheme form online and offline. It is available on the India Post website and in post offices near you. Here are the steps of filling the form that you need to follow:
Avoid the following mistakes while filling the Post Office Savings bank form:
When the form is complete, you can submit it to your corresponding post office with other necessary documents. You should understand the terms of deposit, withdrawal, and interest rate before opening an account. It will ensure a hassle-free account opening process.
Past 5 Year annualised returns as on 01-03-2024
^Tax benefit are for Investments made up to Rs.2.5 L/ yr and are subject to change as per tax laws.
*All savings are provided by the insurer as per the IRDAI approved insurance plan.
Tax benefit is subject to changes in tax laws. Standard T&C Apply
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^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.
#The lumpsum benefit is calculated if policyholder invested ₹10000 monthly for 10 years in the fund with a policy term of 20 years. This Point To Point past performance data of last 10 years has been used to illustrate a scenario for the customers benefit. It is assumed that the past 10 years returns would have also been delivered in last 20 years. This is not guaranteed and not in anyway indicative of what the customer may actually get 20 years from now. The investment is subject to market risk and the risk is borne by the policyholder.
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