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Now check returns of small savings schemes sitting at home from your mobile: Here’s how

Among the debt category, the small savings schemes of India Post are the most preferred ones. The reason behind this is small savings schemes provide assured returns and some of the schemes are even promising higher returns than fixed deposits of banks. Currently, there are 9 different small savings schemes for different types of investors and their varying personal financial goals.

The 9 different small savings schemes are Post Office Savings Account(SB)​​​​​, ​National Savings Recurring Deposit Account(RD)​​,​ ​National Savings Time Deposit Account(TD), ​National Savings Monthly Income Account(MIS), ​Senior Citizens Savings Scheme Account(SCSS)​, ​​Public Provident Fund Account(PPF )​, ​Sukanya Samriddhi Account(SSA)​, ​National Savings Certificates (VIIIth Issue) (NSC) and Kisan Vikas Patra(KVP).

Generally to calculate returns from small savings schemes, one follows Rule 72 which is nothing but an offline process where you can calculate when your deposit amount gets doubled. But now small savings account holders can calculate their returns online using the Postinfo mobile app which is launched by the Centre for Excellence in Postal TechnologyCommunication.

Using the Postinfo app you can calculate the returns of the below-listed small savings schemes:

  • Sukanya Samriddhi Yojana
  • Recurring Deposit
  • Time Deposit (1 year, 2 years, 3 year,s and 5 years)
  • Monthly Income Scheme
  • Senior Citizen Savings Scheme
  • National Savings Certificate
  • Kisan Vikas Patra

How to use the Postinfo app?

To use the Postinfo app you must first need to download the app from the default app store of your mobile phone. Then you need to go to the ‘Interest Calculator’ tab where you need to enter the contribution amount and tap on ‘Calculate’. After that, the app will display the total contributed years (tenure of the scheme), maturity period, total contribution, total interest, and maturity amount. The application gives a comprehensive calculation table till an account reaches maturity. That is, the calculator displays the yearly return of your contribution till the maturity term of your preferred scheme. For computation, the app uses the current relevant interest rates.

The India Post has also informed via its Twitter handle that “With the Postinfo app, you can easily calculate interest on various postal savings schemes and plan your investment. To download the app, visit:”

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @
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