For over 150 years, the Department of Posts has been the backbone of India’s communication structure. It has made people’s lives easy by delivering mails, providing Small Savings Schemes and life insurance cover etc. The Indian post office has 1,55,015 post offices making it one of the most widely distributed postal network in the world.
The Post Office Savings Scheme offers PO Savings account, 5 year PO Recurring Deposit account, PO Time deposit account, PO monthly income account scheme, Senior citizen savings scheme, 15 year Public Provident fund account, National savings certificates, Kisan Vikas Patra and Sukanya Smariddhi accounts.