Open 811 Super Savings A/c & enjoy zero charges on all digital transactions. 811 Super Debit Card gives you cashback on every transaction. Open your account now! Savings Schemes Under Post Office Investments 1. Post Office Savings Account A ₹500 deposit is required to start a post office savings account . Domestic customers can open accounts under either single or joint ownership. Deposits in the post office account earn an annual interest rate of 4%. On request, you can get a chequebook, an ATM card, e-banking and mobile banking services, and other services with the account . At the end of each fiscal year, interest is credited. Individuals can ... A Post Office Savings Account is a government-backed deposit scheme available at all post offices across India. It offers a fixed interest rate (decided by the Government of India) and is ideal for individuals who want safe returns on their savings . With its wide reach, especially in rural areas, this account has made banking accessible to millions who may not have easy access to traditional banks. How To Open Post Office Savings Account ? The Post Office savings bank account is one of the safest and most secure options to save money in India. The rates of interest are fixed by the Reserve Bank of India and accounts can be opened with as low as Rs.500. You can also open a savings bank account with the post office online. Read ahead to learn how to open post office savings account online.