Postal Savings Systems

Postal Savings Systems are government-managed banking services provided through postal offices, allowing people to deposit money securely and earn interest. These systems offer a safe, accessible alternative to traditional banks, especially in rural or underserved areas. They often feature savings accounts, fixed deposits, and other financial products, enabling individuals to save for future needs or emergencies. Managed by postal authorities, these systems aim to promote financial inclusion, provide reliable savings options, and support economic stability by mobilizing small savings from the general public.