Post office savings
Post office savings is a good financial service offered by the Department of Posts. This is the oldest and the largest banking service institution. This is operated by the Department of Posts on behalf of the Ministry of Finance, Government of India. As per records, more than 21 crores of post office savings accounts are being operated currently. There are more than 100,000 post offices across the country wherein these post office savings accounts are being operated. There are a variety of post office savings schemes being offered by the Department of Posts like the post office savings account schemes, time deposit schemes, public provident fund schemes, monthly income schemes, Kisan Vikas Patras, senior citizens savings schemes etc.