postofficePost office is one of most trusted place to deposit your money. The govt. reduce interest rate on post-office operated small savings.

The new rates will be effective from 1 Apr. 2013 & remain valid during 2013-14.


Current Interest Rate Table for Postal Product

Interest..Rates…Interest payableMin Amount  & Max Limit
PostOffice..Savings Account4 % P.A.  Minimum 20/- for opening.
5-Year Post Office Recurring Deposit Account 
8.30% P.A. 
(quarterly compounded) On maturity INR 10/- account fetches INR 744.53. Can be continued for another 5 years on year to year basis.Minimum 10/- per month or any amount in multiples of 5/-. No maximum limit.

Time Deposit Account
1 Yrs A/c8.20%Interest payable annually but calculated quarterly. Minimum 200/- and in multiple thereof. No maximum limit.
2 Yrs A/c8.20%
3 Yrs A/c8.30%
5 Yrs A/c8.40%

Monthly Income  Scheme
8.40% p.a.   
(payable monthly)In multiples of  1500/-. Maximum investment limit is  4.5 lakhs in single account and 9 lakhs in joint A/c 

Senior Citizen Savings Scheme
  9.20% P.A. interest  payable on 31st March, 30th June, 30th Sept and 31st December.There shall be only one deposit in the account in multiple of 1000/- maximum not exceeding  15 lakh.
 Public Provident Fund  
   8.70% P.A. 
(compounded yearly).  Minimum  500/- Maximum  1,00,000/- in a financial year. 
Kisan Vikas PatraDiscontinued from 01.12.2011
National Savings Certificates (NSC)
 5 Yrs NSC (VIII Issue)

   8.50%  P.A.compounded six monthly but payable at maturity. INR. 100/- grows to INR 151.62 after 5 years. Minimum  100/- No maximum limit .
10 Yrs NSC (IX Issue)   8.80%  P.A.compounded six monthly but payable at maturity. INR 100/- grows to INR 236.60 after 10 years.


 Post Office Interest Rate  2014-15


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