August 17, 2023
December 30, 2022
Post Office Interest Rates Table 2023
The government has recently announced the interest rates for PPF, NSC, KVP, and Sukanya Samriddhi for FY 2023. And the post office interest rates 2023 are effective from 1st January onwards. Except for the Senior Citizens Saving Scheme and Savings Account interest rates, Government has reduced around 0.2% (20 BPS) for all the schemes.
January 18, 2020
Why Us
What We Deliver :
* You can find various tips and resources that will help you save your hard-earned money. There are lots of financial schemes available in India. Many of them provide you with guaranteed returns, high-interest rates, and tax savings.
* These financial plans not only provide you money growth but also provide you with financial security at various steps in your life. It depends on your needs which product suits you best.
* Novices, who are lured into the markets with the expectation of high returns, often burn their fingers. Volatility is an integral part of investments that also promise good returns. Investing early helps you in gradual wealth creation.
* Minimize your tax outgo, Maximize what you keep.
FAQ:
# How many years we are in this profession?
We are from the last 15 years in this profession and serving in Shivajinagar, Kotharud, Pimpri, Wakad, Aundh, Deccan, and many more.
# Choose the right agent
PRIVATE INSURERS don’t pose much of a problem, as their numbers are small. Moreover, most private companies assign an official to contact you after you give us a call. However, that’s not quite the case with government aided schemes. There are around 60,000 agents across the country.
Here are a few answers in ensuring you end up in a safe company:
# Are we still LIC agent?
Sorry We have stopped accepting New LIC customers. We only focus on Postal Saving Schemes.
# Which Post Office branch do we work for?
# Who are our clients?
* Clients are from Goverment offices, Schools, Clinics & Colleges and Private Orgnisations.
* Employees from the Company like:
# Do you have experience in dealing with claim settlement? The claim is your final settlement. It can be maturity claim (when you survive the term) or death claim. We strive to discharge maturity claims on time. For timely payment, We not only just keep track of it and also make a few queries about it at the branch. Especially in early claims.
* Postal Saving- Time Deposit, Fixed Deposit, Recurring Deposit, Monthly Income Scheme, NSC, KVP, PPF, and other Deposit schemes.
We just don’t sell “We customize as per your requirement”
- Aundh
- Deccan Gymkhana
- Kotharud
- Sangvi
- Pimple Saudagar
- Shivajinagar
- Pimpri
- Wakad
# Who are our clients?
* Clients are from Goverment offices, Schools, Clinics & Colleges and Private Orgnisations.
* Employees from the Company like:
- Atlas Copco
- Amazon,
- BMC Software,
- Calsoft,
- Cummins
- EDS,
- HCL,
- Hyundai,
- Lenovo,
- Infosys,
- Google,
- John Deere,
- Cap Gemini,
- nvidia,
- Symphony,
- Synechron
- TCS,
- TATA
- Wipro,
- and many more
# Do you have experience in dealing with claim settlement? The claim is your final settlement. It can be maturity claim (when you survive the term) or death claim. We strive to discharge maturity claims on time. For timely payment, We not only just keep track of it and also make a few queries about it at the branch. Especially in early claims.
We Specialize Inn:
* Postal Saving- Time Deposit, Fixed Deposit, Recurring Deposit, Monthly Income Scheme, NSC, KVP, PPF, and other Deposit schemes.
* Asset Insurance- Commercial Insurance.
* LIC- Insurance.(Not accepting new clients)
* LIC- Insurance.(Not accepting new clients)
Contact us at:
Invest-Inn
21, Mana Mandir Hsg. Soc., Rahatani, Near Shiva Heights,
Pune, Maharashtra, 411017.
Cell/WhatsApp- +91-7083 848702
Mail: money_insure@gmail.com
Website: https://postal-saving-agent.business.site/
Blog: http://investinn.blogspot.com
Pune, Maharashtra, 411017.
Cell/WhatsApp- +91-7083 848702
Mail: money_insure@gmail.com
Website: https://postal-saving-agent.business.site/
Blog: http://investinn.blogspot.com
Agency code: 4429934
September 5, 2019
Post Office Small Savings Schemes
Post Office Small Savings Schemes are very popular among people who want to invest their money in the Govt. run instruments. These financial instruments provide you secure investment options with guaranteed returns. In India, Post Offices have a larger reach compared to any other financial product. So in remote places, they play the key role to penetrate financial inclusion.
Features of Post Office Savings Account
- You can open an account by cash only
- One account can be opened in one post office
- The account can be transferred from one post office to another
- Nomination facility is available at the time of opening as well as after opening of account.
- You can take the cheque facility at the time of opening or later on
- A minor of 10 years and above age can open and operate an account along with a guardian
- Joint account can be opened by two or three adults
- A single account can be converted to joint account and vice versa
- To keep an account active, it is mandatory that you perform atleast one transaction in three financial years
- After reaching the age of 18, the minor has to apply for conversion of the account in his/her name.
- Deposits and withdrawals can be done through any electronic mode in CBS Post offices.
- Inter Post office transactions can be done between CBS post offices.
- CBS Post Offices can grant ATM/Debit cards to all those account holders who have maintained the prescribed minimum balance on the day of issue of card
Post Office Interest Rates Table 2019
Government has recently announced the interest rates for PPF, NSC, KVP and Sukanya Samriddhi for the FY 2018-19. And the post office interest rates 2019 are effective from 1st January onwards. Except the Senior Citizens Saving Scheme and Savings Account interest rates, Government has reduced around 0.2% (20 BPS) for all the schemes.
Scheme | Interest Rates 2018-19 | Minimum Deposit | Investment Period |
Savings Deposit (SD) | 4.0% | Rs. 20 | NA |
1 Year Time Deposit (TD) | 7% | Rs. 200 | 1 Year |
2 Year Time Deposit (TD) | 7% | Rs. 200 | 2 Years |
3 Year Time Deposit (TD) | 7% | Rs. 200 | 3 Years |
5 Year Time Deposit (TD) | 7.8% | Rs. 200 | 5 Years |
5 Year Recurring Deposit (RD) | 7.3% | Rs. 10/ Month | 1 to 10 Years |
Senior Citizens Savings Scheme (SCSS) | 8.7% | Rs. 1000 | 5 Years |
Monthly Income Scheme (MIS) | 7.3% | Rs. 1500 | 5 Years |
15 Year Public Provident Fund (PPF) | 8% | Rs. 500 | 15 Years |
National Savings Certificate (NSC) | 8% | Rs. 100 | 5 or 10 Years |
Kisan Vikas Patra (KVP) | 7.7% | Rs. 1000 | 9 Years 5 Months |
Sukanya Samriddhi Account Scheme (SSAS) | 8.5% | Rs. 1000 | 21 Years |
Post Office Saving Scheme for Tax Benefit
5 out of above schemes offer tax benefits under section 80C. They are Public Provident Fund (PPF), Sukanya Samriddhi Account (SSA), National Savings Certificate (NSC), Senior Citizens Savings Scheme (SCSS) and Time Deposit Scemes.
Previously, the post office savings interest rates were fixed for many years. However, after 2011 the rates on post office investment are linked to the rates on government securities (G-Secs) of similar maturity. They are reviewed on yearly basis and Govt. of India fixes these rates on every year March.
There is another topic that needs to be covered here. That is India Post Payment Bank or IPPB.
IPPB (India Post Payment Bank)
IPPB or India Post Payments Bank is the recently launched Public Sector Bank under the Department of Posts with 100% GOI equity. It is aimed to efficient banking services to every. The first two India post payment bank branches were inaugurated at Raipur and Ranchi. IPPB is offering savings account up to a balance of Rs 1 Lakh. The IPPB interest rates are as follows:
- 4.5% interest on deposits up to Rs 25,000
- 5% interest on deposits up to Rs 50,000.
- 5.5% interest for deposits between Rs 50,000 to Rs 1 lakhs
India Post Payment Bank will soon it provide current accounts and access to third party financial services like insurance, mutual funds, pension, credit products, forex etc. Digitally enabled payments like mobile, UPI, debit cards along with remittance services of all kinds will be there too. One can use the IPPB debit card at ATMs, PoS and mobile-PoS.
IPPB bank offers 4 types of services namely, Banking Services for Everybody, Domestic Remittance Services, Direct Benefit Transfer (DBT) and Doorstep Banking. There are three types of IPPB accounts under Banking Services for Everybody. They are designed to suit the need of every Indian. The 3 accounts are:
- Regular Account – Safal
- Basic Savings Bank Deposit Account (BSBDA) – Sugam
- BSBDA Small – Saral
The Saral Account is suited for people with limited banking experience whereas the Safal Account is loaded with features.
Post Office Savings Scheme FAQ
How to open an account in post office?
You can open an account at any post office with a minimum balance. To do that, simply visit you nearest post office with the needed documents and complete the formalities. The lock-in or maturity period for different post office savings scheme are different, however, there is none for a savings bank account.
To open an account like Savings Bank (SB), Recurring Deposit (RD), Time Deposit (TD) or Monthly Income Scheme (MIS), you will need the SB3 and SB103 (pay-in-slip). Separate forms are there for senior citizen accounts. For SB account introduction is compulsory. Also, specimen signature slip is required for SB and TD. You can follow the below steps to open an account.
- Go to your nearest or preferred post office, where you want to open an account
- Ask for the post office saving account opening form. Post office savings account online opening is not yet possible, however, you can download the form online from
- Senior citizens have to use separate forms for post office account opening
- Fill in the form with all the needed details and submit it with the required documents
- The minimum amount varies for different post office saving schemes. Pay the initial amount that you want to deposit in your account
- Once your account is opened, you will be given the passbook
What are the rules for premature closure?
Premature closure for different PO accounts | |
SB | Can be closed at any time |
RD | Premature closure permissible after 3 years – only SB rate is permissible |
TD | Premature closure permissible after 6 months |
MIS | Premature closure permissible after 1 year |
Senior Citizen | Premature closure after 1 year |
PPF | Premature closure after 5 years on account of serious ailment/ to fund higher education |
NSC (VIII Issue) | Premature encashment is possible only in case of death, court order or forfeiture by a pledgee |
September 19, 2018
Pune Post Office Address
In Pune City has Several Post Offices. Some of Post offices are work through out a day and some are work at night. Here we will find list of post offices in Pune along with there branch name and Telephone number. We posted all updated information of Post Offices List.
List of Post Offices In Pune
Name Of Post Office | Telephone |
Pune Head Office | 24395551 |
Pune Cantonment | 26134617 |
Shivaji Nagar Office | 2447 2898 |
Speed Post | 2447 2898 |
Deccan Gymkhana | 25670939 |
City Post Office | 2565 4558 |
Ganeshkhind | 7083848702 |
Parvati | 24440762 |
Model Colony | 25654558 |
Pimpri P.F | 7083848702 |
Range Hills | 25819010 |
R.T. O | 24389302 |
Hadapsar | 26993619 |
Sadashiv Peth | 24454343 |
Akurdi | 27482444 |
Ex-serviceman Colony | 25437360 |
Swargate | 24474500 |
G.P.O. | 26127825 |
Pune (T.M.O.) | 61219988 |
Yerwada | 26684866 |
New Wadia College | 726055220 |
Pune New Bazar | 26360750 |
Sachapir Street | 226340252 |
Khadki | 25819958 |
Shivaji Nagar | 25533505 |
Airport | 76684952 |
(N.C.L.) Pune | 7083848702 |
Hadapsar Ind. Estate | 6870257 |
Pimpri Colony | 74525826 |
Chinchwad | 7472460 |
Baner | 7083848702 |
Bhosari Ind Estate | 7120707 |
Kothrud | 5381600 |
S.P. College | 4339922 |
Aundh | 7083848702 |
Wanrai | 6363889 |
Night Post Offices
Post Office | Week Days | Sunday / Holidays | Phone No. |
Pune City | 5:00 pm to 8:00 pm | 10:00 am to 5:00 pm | 4475058 |
(City Post) N.P.O. | 5:00 pm to 8:00 pm | – | 4475058 |
Chinchwad East | 10:00 am to 3:00 pm | 10:00 am to 3:00 pm | 7472460 |
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Post Office Interest Rates Table 2023 The government has recently announced the interest rates for PPF, NSC, KVP, and Sukanya Samriddhi for ...
-
Post Office Small Savings Schemes are very popular among people who want to invest their money in the Govt. run instruments. These financ...