National Savings Institute
- Company typePrivate
- Founded2013
- HeadquartersNew Delhi, India
- Headcount11–50
- GTM typeB2C
- OfferingServices
What National Savings Institute does
National Savings Institute (NSI) is a government institution operating under the Department of Economic Affairs, Ministry of Finance, Government of India, headquartered in New Delhi. It was established to mobilize household savings through the administration of National Savings Schemes, which are operated through the nationwide Post Office network and designated banks. NSI's mandate covers policy formulation, scheme design input, inspection and audit of operating agencies, data collation, and coordination with State Governments, banks, and the Department of Posts.
NSI's product portfolio comprises ten savings instruments, including the Public Provident Fund, Sukanya Samriddhi Account, Kisan Vikas Patra, National Savings Certificate (VIII Issue), Senior Citizen Savings Scheme, Monthly Income Account, Time Deposit Account, Post Office Saving Account, Recurring Deposit Account, and the Mahila Samman Savings Certificate 2023. These schemes are segmented across investor cohorts (seniors, women, parents of girl children, farmers, general public) with differentiated minimums (₹250-₹1,000), ceilings (where applicable), tenures (1-21 years), and government-set interest rates reviewed quarterly. All schemes carry an explicit sovereign guarantee, Section 80-C tax benefits for qualifying instruments, and PPF balances are statutorily exempt from court attachment.
NSI does not generate commercial revenue or charge fees to investors. Its go-to-market motion is conducted exclusively through channel partners (Post Offices and designated bank branches) with promotional support via the official website (nsiindia.gov.in), the SANCHAYA newsletter, circulars, and State Government coordination. Geographic scope is restricted to domestic Indian residents (NRIs are explicitly prohibited from investing), and 100% of state-level collections are channeled into securities floated by state governments as loans from the Government of India for developmental activities.
National Savings Institute firmographics
Firmographics- Name
- National Savings Institute
- Legal name
- National Savings Institute
- Website
- https://nsiindia.gov.in
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
National Savings Institute industry classification
Industry- Product category
- Government Small Savings Administration
- NAICS
- Public Finance Activities (92113), Executive, Legislative, and Other General Government Support (921)
- SIC
- Finance Services (6199), Federal & Federally-Sponsored Credit Agencies (6111)
- akta.pro primary industry
- Treasury & Cash Management (BPAIAEAB)
- akta.pro secondary industries
- Government Accounting & Financial Reporting (BPAIAEAD), Government Bonds & Agencies (Sovereigns, Supras, Munis) (FSAAAHAA)
Keywords
Where National Savings Institute is headquartered
LocationHeadquarters
- HQ city
- New Delhi
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
National Savings Institute business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D
Revenue model
- National Savings Schemes Administration: NSI administers government-backed savings schemes including PPF, NSC, KVP, Sukanya Samriddhi, Senior Citizen Savings Scheme, Monthly Income Account, Time Deposit, and Mahila Samman Savings Certificate. The institute does not generate commercial revenue but operates as a government body responsible for policy formulation, scheme administration, inspection/audit of Post Offices and Banks, data collection, and coordination with operating agencies.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Post Office Saving Account - No minimum balance, sovereign guaranteed |
| Subscription | Annual | Public Provident Fund (PPF) - Min ₹500, Max ₹1,50,000/year |
| Subscription | Annual | Sukanya Samriddhi Account - Min ₹250, Max ₹1.5 Lakh/year |
| One time/ perpetual license | Pay-as-you-go | Kisan Vikas Patra - Min ₹1000, No maximum limit |
| One time/ perpetual license | Pay-as-you-go | National Savings Certificate (VIII Issue) - Min ₹1000 |
| Subscription | Annual | Senior Citizens Savings Scheme - Min ₹1000, Max ₹30 Lakh |
| Subscription | Monthly | National Savings Monthly Income Account - Min ₹1000, Max ₹9 Lakh (single) |
| One time/ perpetual license | Pay-as-you-go | National Savings Time Deposit - 1/2/3/5 year options |
| Subscription | Annual | Mahila Samman Savings Certificate 2023 |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
National Savings Institute product offering
Product offeringCore offering
National Savings Institute administers and promotes Government of India small savings schemes — including Public Provident Fund, Sukanya Samriddhi, Kisan Vikas Patra, National Savings Certificate, Senior Citizen Savings Scheme, Monthly Income Account, Time Deposit, Post Office Saving Account, Recurring Deposit, and Mahila Samman Savings Certificate — distributed through Post Offices and designated banks across India. The institute also handles policy inputs to the Ministry of Finance, inspection/audit of operating agencies, and savings-mobilization coordination with state governments. It does not collect commercial fees from investors.
Product overview
National Savings Institute operates under the Department of Economic Affairs, Ministry of Finance, Government of India, managing a portfolio of small savings schemes offered through Post Offices and designated banks nationwide. The product portfolio consists of 10 distinct savings instruments including Public Provident Fund, Sukanya Samridhhi Account, Kisan Vikas Patra, National Savings Certificates, Senior Citizen Savings Scheme, Monthly Income Account, Time Deposit Accounts, Post Office Saving Account, Recurring Deposit Account, and Mahila Samman Savings Certificate 2023. These products are structured to serve different investor segments from children to senior citizens, offering tax benefits, guaranteed returns, and sovereign backing with varying tenures, interest rates, and withdrawal conditions.
Differentiator
Problem solved
Functional benefit
Brands
- SANCHAYA: Newsletter published by National Savings Institute
Products and services
- Public Provident Fund (PPF) Account A long-term Government of India savings scheme for individual investors with minimum ₹500 and maximum ₹1,50,000 annual deposit, 15-year maturity, loan facility from the 3rd year, and tax benefits on deposits, interest, and maturity under Section 80-C of the Income Tax Act.
- Sukanya Samriddhi Account A girl-child savings scheme for parents/guardians, with minimum ₹250 and maximum ₹1.5 lakh annual deposit, 21-year maturity, withdrawal allowed for higher education, and tax exemption on deposits, interest, and withdrawals under Section 80-C.
- Kisan Vikas Patra (KVP) A savings certificate with minimum investment of ₹1,000 in multiples of ₹100 and no maximum cap, where the investment doubles on maturity at 7.5% per annum (115 months), encashable after 2.5 years, available in single or joint-A accounts (up to three adults).
- National Savings Certificate (NSC) - VIII Issue A 5-year maturity savings certificate with minimum deposit of ₹1,000 (in multiples of ₹100), current interest rate of 7.70% effective 01.04.2023 to 30.09.2026, eligible for tax deduction under Section 80-C, and loan facility by pledging with banks.
- Senior Citizen Savings Scheme (SCSS) A retirement-focused savings scheme for individuals aged 60+ (or 55+ retirees) with minimum ₹1,000 and maximum ₹30 lakh deposit, 5-year maturity with 3-year extension option, current interest 8.20% paid quarterly, and tax benefits under Section 80-C.
- National Savings Monthly Income Account A 5-year maturity account that pays interest monthly at 7.4% per annum (current rate), with minimum ₹1,000 and maximum ₹9 lakh single / ₹15 lakh joint deposit, and a premature-closure penalty structure after one year.
- National Savings Time Deposit Account Time deposit accounts offered in 1-year, 2-year, 3-year and 5-year tenures with minimum ₹1,000 deposit in multiples of ₹100, with the 5-year deposit qualifying for tax deduction under Section 80-C. Current rates: 1-year 6.9%, 2-year 7.0%, 3-year 7.1%, 5-year 7.5%.
- Post Office Saving Account A basic savings account operated through Post Offices with sovereign guarantee, no minimum balance requirement, interest earnings on balances, and nomination facility, providing safe deposit and emergency-fund access for individuals.
- National Savings Recurring Deposit Account A recurring-deposit scheme accepting regular monthly contributions and offering guaranteed returns on maturity, suitable for small savers seeking disciplined monthly savings through Post Offices or designated banks.
- Mahila Samman Savings Certificate 2023 A women-focused savings certificate scheme launched in 2023, available to women investors with sovereign guarantee and tax benefits, offering attractive interest rates through Post Office distribution.
Quantifiable outcome
- 100% of collections invested in securities floated by state govt. as loan by Government of India for developmental activities
Companies that use National Savings Institute
Customer profileNamed customers1 record
Segments6 records
Ideal customer profiles6 records
National Savings Institute technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
National Savings Institute partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- Department of Posts, IndiacoreDepartment of Posts is the primary operating agency for National Savings Schemes. Post Offices across India serve as the main distribution channel for all NSI-administered schemes including PPF, NSC, KVP, Sukanya Samriddhi, and others.
- Designated Banks in IndiacoreAuthorized banks provide additional distribution channels for select schemes including PPF and Senior Citizen Savings Scheme, expanding accessibility to urban and semi-urban areas.
- State GovernmentscoreNSI coordinates with State Governments for promotion and mobilization of savings. Collections from states are invested in securities floated by state governments as loans from Government of India for developmental activities.
- Ministry of Finance, Department of Economic AffairscoreNSI operates under the Department of Economic Affairs, Ministry of Finance, Government of India. The Ministry designs products in consultation with NSI and provides policy guidance.
Scale indicators2 records
Recent moves6 records
Expansion highlights4 records
National Savings Institute competitors and assessment
Company assessmentBroad incumbents
- State Bank of India: Largest public-sector commercial bank offering savings accounts, FDs, and tax-saving deposits. Overlaps with NSI on small-saver, tax-advantaged deposit products and is also a designated distribution channel for select NSI schemes.
- Reserve Bank of India (RBI): Central bank and monetary authority of India. Indirect peer: sets the policy backdrop (rates, inflation, gilt yields) that determines NSI's competitive position versus bank deposits and other savings instruments.
- Life Insurance Corporation of India (LIC): Government-owned financial services giant offering savings-cum-insurance products to Indian households. Competes for the same retail savings rupee with government-backed credibility, though in a broader insurance-and-investment portfolio.
- Department of Posts (India Post): Primary operating agency for NSI schemes and itself a distributor of postal savings and insurance products (Postal Life Insurance, Post Office RD/ TD). Closely intertwined with NSI's distribution but offers broader postal/logistics services.
Direct peers
- India Post Payments Bank: Government-backed payments bank leveraging the Post Office network to deliver savings products to underserved and rural customers. Direct overlap with NSI's last-mile distribution model and small-saver mandate.
- Pension Fund Regulatory and Development Authority (PFRDA) / National Pension System: Statutory regulator and administrator of the National Pension System, a government-backed long-term retirement savings vehicle. Highly comparable to NSI in function, regulatory standing, and target demographic.
- Employee Provident Fund Organisation (EPFO): Government-administered retirement/savings scheme operator under India's Ministry of Labour. Operates EPF and related pension products through employer-employee contributions, sharing NSI's mandate of mobilising long-term household savings under statutory frameworks.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
National Savings Institute social profiles
Digital presenceNational Savings Institute financial estimates
Financial estimateRevenue estimate
Valuation estimate
National Savings Institute leadership team
Management profileNumber of profiles
Profiles6 records
National Savings Institute funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
National Savings Institute M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about National Savings Institute
What does National Savings Institute do?
National Savings Institute administers and promotes Government of India small savings schemes — including Public Provident Fund, Sukanya Samriddhi, Kisan Vikas Patra, National Savings Certificate, Senior Citizen Savings Scheme, Monthly Income Account, Time Deposit, Post Office Saving Account, Recurring Deposit, and Mahila Samman Savings Certificate — distributed through Post Offices and designated banks across India. The institute also handles policy inputs to the Ministry of Finance, inspection/audit of operating agencies, and savings-mobilization coordination with state governments. It does not collect commercial fees from investors.
Is National Savings Institute a public or private company?
National Savings Institute is a private company. It is classified as state government owned and is currently operating.
When was National Savings Institute founded?
National Savings Institute was founded in 2013. It employs 11 to 50 people.
Where is National Savings Institute based?
National Savings Institute is headquartered in New Delhi, India, in the Asia region.
How does National Savings Institute make money?
One revenue line is on record: national Savings Schemes Administration.
Who are National Savings Institute's main competitors?
Broad incumbents on record are State Bank of India, Reserve Bank of India (RBI), Life Insurance Corporation of India (LIC) and Department of Posts (India Post). Direct peers are India Post Payments Bank, Pension Fund Regulatory and Development Authority (PFRDA) / National Pension System and Employee Provident Fund Organisation (EPFO).
Does National Savings Institute have an API?
No public API is recorded for National Savings Institute.
What industry is National Savings Institute in?
National Savings Institute's product category is Government Small Savings Administration. Its primary akta.pro industry code is BPAIAEAB, Treasury & Cash Management, with a secondary code of BPAIAEAD, Government Accounting & Financial Reporting. Its NAICS code is 92113 and its SIC code is 6199.