About Post Office Schemes

Loanpao’s Post Office Schemes provide secure, government-backed investment options through India Post. Schemes like Monthly Income Scheme (MIS), Kisan Vikas Patra (KVP), and National Savings Certificates (NSC) offer guaranteed returns, tax benefits, and flexible tenures, ideal for conservative investors seeking safety and growth.

Why Choose Post Office Schemes?

  • Schemes: MIS (monthly income), KVP (doubling investment), NSC (tax-saving)
  • Interest Rates: MIS: 7.4%, KVP: 7.5%, NSC: 7.7% (as of May 2025)
  • Tenure: MIS: 5 years, KVP: ~9 years 7 months, NSC: 5 years
  • Tax Benefits: NSC eligible for Section 80C (up to ₹1.5 lakh); MIS/KVP interest taxable
  • Investment Limits: ₹1,000–₹9 lakh (MIS single), ₹1,000–no limit (KVP/NSC)
  • Safety: Fully backed by the Government of India
  • Premature Withdrawal: Available after 1–3 years with penalties

Are You Eligible?

Criteria Requirement
Applicant Type Indian resident (individuals, joint accounts, or guardians for minors)
Age No age limit (minors via guardian)
KYC Compliance Mandatory for all investors
Bank Account Active savings account for MIS interest payouts
Investment Minimum ₹1,000; limits vary by scheme

What Documents Do You Need?

  • KYC: Aadhaar, PAN, or passport
  • Address Proof: Utility bill or rental agreement
  • Bank Details: Cancelled cheque or bank statement (for MIS)
  • Photograph: Passport-size
  • Application Form: Scheme-specific (e.g., Form A for MIS)

Indicative Returns

Scheme Investment (₹) Tenure Maturity Value (₹)
MIS 1,00,000 5 years Monthly ₹616 (Total interest ~₹37,000)
KVP 1,00,000 ~9 years 7 months ~2,00,000
NSC 1,00,000 5 years ~1,44,000

Extra Charges:

  • Account Maintenance: Free
  • Premature Closure: 1–2% penalty on principal

Note: Rates (MIS: 7.4%, KVP: 7.5%, NSC: 7.7%) are indicative as of May 2025, revised quarterly. Maturity values are approximate.

Calculate Your Returns

Select a scheme and enter investment to see results.

How to Invest in Post Office Schemes

  • Visit loanpao.in or any India Post office.
  • Select a scheme (MIS, KVP, or NSC) and complete KYC.
  • Submit the scheme-specific form with documents.
  • Deposit via cash, cheque, or online transfer.
  • Receive a passbook or certificate for tracking.
  • For MIS, link a savings account for monthly payouts.
  • Redeem at maturity or withdraw early with penalties.

Common Questions About Post Office Schemes

What are Post Office Schemes?
Government-backed savings schemes like MIS, KVP, and NSC offered through India Post for secure investments.
What is the tenure of these schemes?
MIS: 5 years, KVP: ~9 years 7 months, NSC: 5 years.
Are there tax benefits?
NSC qualifies for Section 80C (up to ₹1.5 lakh); MIS/KVP interest is taxable.
Can I withdraw early?
Yes, after 1–3 years with a 1–2% penalty, depending on the scheme.
Can NRIs invest in these schemes?
NRIs cannot open new accounts but can continue existing ones until maturity.
What are the investment limits?
MIS: ₹9 lakh (single), ₹18 lakh (joint); KVP/NSC: No upper limit.
Are returns guaranteed?
Yes, returns are fixed and backed by the Government of India.