Top 10 Indian government schemes

Government schemes in India are designed to support citizens at various stages of life whether it’s saving for the future, reducing tax or securing retirement. Here are 10 key schemes in 2025 that every individual should know:

Top 10 Indian government schemes

1. Public Provident Fund (PPF)

PPF is a long-term savings scheme with guaranteed interest (around 7–8%). It has a lock-in period of 15 years and offers full tax benefits under Section 80C. Ideal for retirement and children’s education.

2. Sukanya Samriddhi Yojana (SSY)

Aimed at girl children, this scheme gives 8.2% interest (revised periodically). Parents can open an account before the child turns 10. The maturity period is 21 years, and all returns are tax-free.

3. Atal Pension Yojana (APY)

For workers in the unorganized sector, APY offers a pension of ₹1,000 to ₹5,000 per month after retirement. The government co-contributes for eligible individuals.

4. National Pension System (NPS)

A market-linked retirement scheme with 10–12% potential returns. It offers additional tax benefits under Sections 80C and 80CCD(1B), and provides partial lump-sum withdrawal at retirement.

5. Kisan Vikas Patra (KVP)

A safe investment option where your money doubles in about 10 years. The current interest rate is approximately 7.5%. Though not tax-free, it offers guaranteed returns.

6. Senior Citizens Savings Scheme (SCSS)

For individuals aged 60 and above, this scheme provides an interest rate of 8.2% with quarterly payouts. Lock-in period is 5 years, extendable by 3 years.

7. Pradhan Mantri Vaya Vandana Yojana (PMVVY)

Offered by LIC, this pension scheme gives senior citizens (60+) a fixed return of 7.4% with monthly or annual options.

8. Ladli Lakshmi Yojana

This scheme supports the education and marriage expenses of girl children. It’s mostly managed by state governments.

9. Post Office Monthly Income Scheme (POMIS)

Offers around 7.4% monthly interest. Maximum deposit: ₹9 lakh for individuals and ₹15 lakh for joint accounts. Lock-in is 5 years.

10. Employees’ Provident Fund (EPF)

A retirement savings scheme for salaried employees. It currently offers 8.25% interest. Contributions from employee and employer ensure post-retirement security.

These schemes can help you save, reduce taxes and build a secure financial future. Choose based on your goals, age, income and risk level. Always check updated terms on official government portals.

Also Read:How to Choose the Right Credit Card for Your Lifestyle

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