Post Office Interest  Rate Update

The government has hiked the interest rate for April to June 2023 quarter 

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5-Year Post Office RD Account

Minimum INR 100/- per month

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RD Account can be closed prematurely after 3 years

Interest Rate

6.20%

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RD

old 5.80%

Post Office Monthly Income Scheme Account

2

Minimum INR 1000/- per month

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Maximum investment limit is INR 4.5 lakh in single account

Interest Rate

7.40%

MIS

old 7.10%

Senior Citizen Savings Scheme

3

Minimum INR 1000/- per month

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Maximum investment limit is INR 15 lakh in single account

Interest Rate

8.20%

SCSS

old 8.00%

Sukanya Samriddhi Account

4

Minimum INR250/- per month

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Maximum investment limit is INR 1.5 lakh  per year

Interest Rate

8.00%

SSA

old 7.60%

National Saving Certificate

5

Minimum INR 1,000/-

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INR 1,000/- grows to INR 1,389.49 after 5 year

Interest Rate

7.70%

NSC

old 7.00%

Kisan Vikas Patra

5

Minimum INR 1,000/-

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Interest Rate

7.50%

KVP

Amount invest Double in 10 year & 4 months

old 7.20%

Post Office Saving Account

7

Minimum INR 500/-

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Interest will be calculated on the basis of min balance between 10th of the month and end of the month

Interest Rate

4.00%

SB

1 Year -  6.80%

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2 Year - 6.90%

3 Year - 7.00%

5 Year - 7.50%

TD

Post Office Time Deposit

minimum 1,000/-

annual interest may be credited to the savings account of the account holder

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