In today's world Money is that gadget without which humans cannot even imagine of surviving. From the date of birth to the date of death Money plays a vital role in everyone's life. 

As it is rightly said, ‘Save Money and Money will Save You’. It is very important to save money and make money earn for you so that one can build a good wealth to fulfill his/her desires, for the retirement purpose, for one's child's education or for any emergencies like loss of job, health issues etc. Hence it is said If You Are Saving You Are Succeeding, because when you have good amount of money and it is earning for you there is no way you need to fall in others hands as you are financial strong and independent. 

Let us discuss some of the best small saving options available in India:

1. Recurring Deposit: This is one of the most popular investment instrument among Indians offered by Banks and Indian Post. Here fixed amount of deposits are to be made on monthly basis till maturity which may range from 1 to 10 years, But Indian Post Recurring Deposits come with a maturity period of 5 years which can be extended for another 5 years and pre mature withdrawal can be made after 3 years or 36 months. Interest rates are similar to that of FD rates.         
2. Fixed Deposits: These are also known as term deposits which offer a fixed return on deposits made for a fixed period. They come with an assurance of guaranteed returns which will be paid to the depositor on maturity or on monthly, quarterly or yearly basis ( as per the instructions of the depositor). Interest rates here are higher than Savings account. Banks usually offer FD from 7 days to 10 years. Pre mature withdrawals are allowed in case of most FD's where a small penalty would be levied on interest amount without hurting the principal amount deposited with the bank or NBFC.                            
3. Public Provident Fund (PPF): This is the best long term investment instrument which not only provides higher returns but also comes with a Tax saving benefit. One can invest in PPF with a minimum amount of ₹500 and can deposit a maximum of ₹1,50,000 in a year. The amount invested in PPF account is eligible for Tax deduction under section 80c of Income Tax Act. PPF account has a maturity period of 15 years which can be extented for further period of 5 years.                                   
4. Post Office Savings Account: This instrument is in the list only because of its attractive interest rate which is 4% per annum, today when most of the banks are offering FD's at this rate and savings Bank interest rates of top banks in the country has turned negligible, the 4% offered by post office saving account with Zero ATM maintenance charges and option to withdraw money at any time without any restrictions or penalty as in case of PPF or FD makes it a best investment option for small investors who can take least risk.                                               
5. Sukanya Samriddhi Yojana (SSA) : This is the best scheme of government, every parent having a girl child below the age of 10 must open an SSA account with the nearest post office or Bank. Account can be opened with minimum amount of ₹250 and maximum deposits of ₹1,50,000 can be made per year, The amount so deosited qualifies for deduction under section 80c of Income Tax Act. This scheme has a maturity period of 21 years or at the time marriage of the  girl child which ever is earlier. The SSA account can be opened for maximum of 2 girls in a family.                          
6. Atal Pension Yojana (APY) : This scheme aims to provide guaranteed pension to Indian citizens after attaining the age of 60. Any individual between the age group 18-40 is eligible under this scheme where one needs to make a minimum contribution for 20 years. You can ask in any nationalised banks to open the APY account for you.          
7. National Savings Certificate (NSC) : This is another investment instrument that comes with tax advantage as well. You can walk to any nearest post office to avail NSC which requires a minimum investment of ₹1000. Any indian citizen can obtain NSC from post office and can also avail tax deduction on the same. The deposits made under this scheme have a maturity period of 5 years. An individual can obtain any number of NSC certificates under this scheme.

The above are some of best small saving options available but there are also other schemes like senior citizens savings scheme, post office monthly income scheme, pradhan mantri vaya vandana yojana and kisan vikas patra which are not covered in this article as they require huge amount to make gains. 

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