Assessing Awareness Levels of Post Office Small Savings Schemes Amoung Investors

Abstract

Everyone saves money, even if there are many different ways to achieve it. While there are a variety of reasons why individuals decide to save money, the three primary ones are caution, peer pressure, and the desire to purchase in the future. The financing of public debt is significantly influenced by postal savings funds. In various nations, the fund is administered by a number of policy-oriented financial organizations with the objectives of community development and return on investments. This study investigates investor perceptions of the Postal Savings Scheme. Post offices have been crucial in tying the entire nation together and have also offered banking services. Its function has evolved through time, nevertheless, and it is now among the best possibilities for investors. Hence the study is descriptive in nature. The primary data are collected through questionnaire from the 120 sample investors in Virudhunagar district using convenient sampling method. Finally this study conclude that most of the people are not much aware about post office savings schemes, if government takes any initiative to aware the people about postal schemes, then saving habit of people can be increase through post office savings schemes.