Government-backed savings schemes remain a top choice for investors seeking safety, steady returns, and tax benefits.
These low-risk options are ideal for long-term wealth building, retirement planning, and regular income generation.
Here’s a look at some trusted schemes for 2026.
Contents
- 1 Public Provident Fund (PPF) – Safe Long-Term Investment
- 2 Sukanya Samriddhi Yojana (SSY) – Securing a Girl Child’s Future
- 3 Senior Citizens Savings Scheme (SCSS) – Regular Income for Retirees
- 4 National Savings Certificate (NSC) – Tax-Saving Fixed Income
- 5 Post Office Monthly Income Scheme (POMIS) – Steady Monthly Payout
- 6 Kisan Vikas Patra (KVP) – Double Your Investment
Public Provident Fund (PPF) – Safe Long-Term Investment
The Public Provident Fund (PPF) is a long-term savings scheme ideal for retirement planning.
The account runs for 15 years, allows partial withdrawals after six years, and can be extended further.
Interest Rate: 7.1% per year, compounded annually
Tax Benefits: Contributions qualify under Section 80C, and interest earned is tax-free
Who Should Invest: Conservative investors looking for stable, long-term growth
Sukanya Samriddhi Yojana (SSY) – Securing a Girl Child’s Future
The Sukanya Samriddhi Yojana is designed to fund a girl child’s education and marriage expenses. Accounts can be opened for girls below 10 years of age.
Interest Rate: 8.2% per year, compounded annually
Maturity: 21 years or upon marriage after 18
Partial Withdrawals: Allowed for education expenses once the girl turns 18
Senior Citizens Savings Scheme (SCSS) – Regular Income for Retirees
The SCSS caters to individuals aged 60 and above who want assured returns and a steady income.
Interest Rate: 8.2% per year, paid quarterly
Tenure: 5 years, extendable by 3 years
Early Withdrawal: Allowed with applicable penalties
Ideal For: Retirees seeking predictable income with minimal risk
National Savings Certificate (NSC) – Tax-Saving Fixed Income
The NSC is a fixed-return investment suitable for tax planning and capital safety.
Interest Rate: 7.7% per year, compounded annually
Lock-in Period: 5 years
Tax Benefits: Investments eligible for deduction under Section 80C
Ideal For: Conservative investors wanting guaranteed returns and tax savings
Post Office Monthly Income Scheme (POMIS) – Steady Monthly Payout
The POMIS provides regular monthly income and complete safety of capital.
Interest Rate: 7.4% per year, paid monthly
Tenure: 5 years
Withdrawal: Premature withdrawal allowed after 1 year with a penalty
Ideal For: Investors seeking steady cash flow
Kisan Vikas Patra (KVP) – Double Your Investment
The Kisan Vikas Patra is a low-risk scheme where the investment doubles in 112 months.
Government-Backed: Yes, fully secure
Early Withdrawal: Allowed after 2.5 years under certain conditions
Flexibility: Transferable between post offices
These government savings schemes offer a mix of long-term growth, tax benefits, and regular income, making them suitable for a wide range of investors in 2026.