With a minimum deposit requirement of Rs 500 and a maximum of Rs 1.5 lakh, PPF or Public Provident Fund remains one of the most popular small savings schemes. PPF accounts have a maturity period of 15 years, which can be extended in blocks of five years. Partial withdrawals from PPF are allowed after the account completes a specified number...

Post office saving schemes are among the most popular small saving schemes of the country. India Post or the Department of Posts offers nine small saving schemes: Savings Account, Recurring Deposit Account (RD), Time Deposit Account (TD), Monthly Income Scheme Account (MIS), Senior Citizen Savings Scheme (SCSS), Provident Fund Account (PPF), National...