Savings
Government savings schemes, and smarter ways to grow
From PPF and Sukanya Samriddhi to SCSS and POMIS — find the government savings scheme that fits your goal. Want your money to stay flexible? Bachatt has options with no lock-in.
Save and invest with Bachatt
- Insta Fund: FD-like returns*, no lock-in
- Mutual funds from every fund house
- Every fund scored on 100+ parameters
- Gold & Silver funds, 0% GST
*Insta Fund is a liquid mutual fund, not a bank FD. Mutual fund investments are subject to market risks; returns are not guaranteed.
Government savings schemes
Backed by the Government of India. Tap a scheme for eligibility, benefits and how to apply.
Public Provident Fund (PPF)
Long-term, tax-free savings
Government-backed 15-year savings scheme with tax-free interest. Deposit ₹500 to ₹1.5 lakh a year.
Eligibility, benefits & how to applySukanya Samriddhi Yojana (SSY)
Parents of a girl child
Savings scheme for a girl child’s education and marriage, with one of the highest small-savings rates and tax benefits.
Eligibility, benefits & how to applySenior Citizens Savings Scheme (SCSS)
Senior citizens
Safe, government-backed deposit for people aged 60+, paying interest every quarter. Invest up to ₹30 lakh.
Eligibility, benefits & how to applyNational Savings Certificate (NSC)
Fixed-term, tax-saving savings
Five-year post office savings certificate with interest compounded yearly and paid at maturity. Qualifies for Section 80C.
Eligibility, benefits & how to applyKisan Vikas Patra (KVP)
Doubling a one-time deposit
Post office certificate that doubles your one-time deposit over a fixed period set by the current interest rate.
Eligibility, benefits & how to applyPost Office Monthly Income Scheme (POMIS)
Regular monthly income
Five-year deposit that pays interest every month. Up to ₹9 lakh in a single account, ₹15 lakh joint.
Eligibility, benefits & how to applyScheme limits and eligibility change from time to time. Always check the official portal before you apply.
Frequently asked questions
Which government savings scheme gives the highest return?+
Small-savings interest rates are set by the Government of India every quarter, so the ranking changes. Check the current rates on the National Savings Institute or India Post website.
Which schemes save tax?+
Under the old tax regime, PPF, Sukanya Samriddhi, SCSS and NSC deposits qualify for Section 80C. The new regime does not offer these deductions.
How is a government scheme different from a mutual fund?+
Government small-savings schemes pay a fixed, government-set rate but usually lock your money in for years. Mutual funds are market-linked — returns are not guaranteed — but many, like liquid funds, let you withdraw anytime.
Bachatt is not affiliated with the government schemes listed on this page; scheme names belong to the Government of India and its agencies. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Trusave Fintech Pvt Ltd is an AMFI-registered mutual fund distributor (ARN-321640).