Easy Life Professional / Product Features / Investments in Post Office Savings Schemes

Investments in Post Office Savings Schemes

The Indian Post Office has a vast network throughout India and offers a number of small savings schemes to investors in India. Most investors in India have significant investments in post office saving schemes and hence it is important to manage these investments.

Easy Life® provides comprehensive management of investments in post office saving schemes. The schemes covered include, apart from the savings bank account:

• Public Provident Fund (PPF)
• National Savings Certificate
• Monthly Income Scheme
• Kisan Vikas Patra
• Indira Vikas Patra
• National Savings Scheme
• Recurring Deposit

You can enter information specific to each of the above schemes. For investments in Public Provident Fund (PPF), you may enter all investments and withdrawals and also enter annual interest credits. Some of the above schemes are offered by post office as well as banks, and Easy Life® allows managing all such investment accounts.

Easy Life® will provide reminders for all important dates so that payments are made in time, and maturity or due amounts are also claimed in time. Thus, you do not end up losing interest due to late withdrawals.

Since small savings schemes from post office and banks are all generally safe investments with assured returns, managing investments and returns on these schemes are very important to its investors and Easy Life® helps you manage these small savings effectively and easily.