🏦 Banking & pensions

Open a Sukanya Samriddhi account for your daughter

A government-backed savings account for a girl child below 10, opened by a parent or guardian at a post office or authorised bank.

Open a National Pension System (NPS) account

NPS is a voluntary, market-linked retirement savings scheme regulated by PFRDA, open to Indian citizens (and NRIs/OCIs subject to rules). You can open an account online through a Central Recordkeeping Agency's eNPS platform or at a bank or post office (Point of Presence).

Open a basic (Jan Dhan) bank account

Anyone without a bank account can open a zero-balance basic savings account under PM Jan Dhan Yojana at any bank branch or Business Correspondent (Bank Mitra). It comes with a RuPay debit card and built-in accident insurance.

PM-KISAN

Direct income support for landholding farmer families, paid straight into Aadhaar-seeded bank accounts.

PMFBY

Crop insurance against yield loss from natural calamities, pests and diseases, with low farmer premiums and the rest of the premium paid by government.

KCC

A revolving bank credit line for farmers, fishers and livestock farmers to meet cultivation and allied working-capital needs at a concessional interest rate.

PM-KMY

A voluntary, contributory pension scheme for small and marginal farmers. The government matches the farmer's monthly contribution.

PM Jan Dhan

Basic savings bank accounts for every unbanked adult, with a RuPay debit card, built-in accident insurance and access to small overdrafts.

PMJJBY

Low-cost, one-year renewable term life insurance offered through banks and post offices.

PMSBY

One-year renewable accident insurance for death or disability due to an accident, available through banks and post offices.

APY

A government-backed pension scheme, mainly for workers in the unorganised sector, administered by PFRDA through banks and post offices.

Sukanya Samriddhi

A government-backed small savings account for a girl child, with a government-notified interest rate and tax benefits.

SCSS

A government-backed deposit for people aged 60 and above that pays interest every quarter.

NPS Vatsalya

A pension account opened by parents or guardians for a minor child. It converts to a regular NPS account when the child turns 18.

NSAP

Central pensions and family benefit for BPL households: old age pension (IGNOAPS), widow pension (IGNWPS), disability pension (IGNDPS) and a one-time National Family Benefit (NFBS) on the death of the breadwinner. States add their own top-ups.

PM Mudra

Collateral-free loans from banks, NBFCs and microfinance institutions for non-farm income-generating micro enterprises.

Stand-Up India

Bank loans for SC/ST and women entrepreneurs to set up a new (greenfield) enterprise. The scheme was originally announced to run until 2025; the Stand-Up Mitra portal still lists it, so confirm current availability with your bank.

PM SVANidhi

Collateral-free working-capital loans for street vendors, with higher loans for timely repayment, interest subsidy and digital payment incentives. The restructured scheme now also covers vendors in census towns.

PM-SYM

A voluntary, contributory pension scheme for unorganised workers. The government matches the worker's monthly contribution.

DAY-NRLM

Organises rural poor women into self-help groups (SHGs) and federations, giving them access to credit, livelihoods support and enterprise development. The Lakhpati Didi initiative is part of this mission.

PM-Vidyalaxmi

Collateral-free and guarantor-free education loans for students admitted to quality higher education institutions, with a credit guarantee and interest subvention for lower-income families.