Small Savings schemes are designed to provide safe and attractive investment options to the public and at the same time mobilise resources for development. These schemes are operated through 1.54 lakh post offices in the country. Public Provident Fund Scheme is also operated from 8000 branches of public sector banks in addition to the post offices. Deposit Schemes for retiring employees are operated through selected branches of public sector banks only.
- Provide security to your family
- Protect your home mortgage, loans, credit card borrowings etc.
- Provide finance to your loved ones to achieve their goals in your absence
- Ensure that your family is able to maintain their lifestyle, no matter what happens
- Take care of your estate planning needs
- Look at other retirement saving/investment vehicles