A Study on Investors Attitude Towards Post Office Savings Schemes in Coimbatore

A Study on Investors Attitude Towards Post Office Savings Schemes in Coimbatore

Dr.S.Radha, Asst.Professor

Department of Commerce.

Sri Ramakrishna College of Arts & Science for Women, Coimbatore.

INTRODUCTION

     Various investment opportunities are available for an individual to his savings and he can choose the appropriate investment schemes, which  suit  his  needs.  There are different types of opportunities provided by many financial institutions like commercial banks, co-operative banks, post office savings banks, life insurance corporation public limited company. Of all the above mentioned institutions, Post Office Savings Bank play vital role. It provides numerous benefits to the investors.

The post office savings bank is the oldest and by far the largest banking system in the country serving the investment to urban and rural clients. These services are offered as an agency service for the ministry of finance, government of India. It provides various schemes framed by central government. Post office saving bank is the largest savings institutions in the country. With a view to mobilizing savings of people with relatively small income and circulating in them a spirit of thrift  and  savings,  the  Central  Government  has  endeavored  to  make  the  National  Savings Movement popular by offering high returns than those given by scheduled banks. There are a number of attractive schemes, well designed to meet the individual  requirements of different investors.