New Delhi The postal department has increased all small savings schemes to the level of the branch post office. It aims to empower rural India by reaching all postal savings schemes to the people in rural areas. In the new order, Post Office branches have been allowed to provide Public Provident Fund, Monthly Income Scheme, National Savings Certificate, Kisan Vikas Patra and Senior Citizen Savings Schemes. People will now be able to deposit money in these savings schemes in their village post offices only.
More than 1.31 lakh post offices
In rural areas, 1,31,113 branch post offices are functioning. Apart from the facilities of letter, speed post, parcel, electronic money order, rural post life insurance, post office savings account, recurring deposit, fixed deposit and Sukanya Samriddhi account schemes are now being provided by these branch post offices.
Now city facilities will be available in villages
Through the new order, branch post offices have also been allowed to provide facilities of Public Provident Fund, Monthly Income Scheme, National Savings Certificate, Kisan Vikas Patra and Senior Citizen Savings Schemes. Rural people will now be able to get the facilities of the same post office savings bank, which are being taken advantage of by the people living in the city. They will be able to deposit their savings in popular schemes only through the post office of their village. This is another important step taken by the department towards empowering rural India, by giving access to all the post office savings schemes to the people’s home.