Kumari Palany & Co

Know about the interest rates in the Post Office Savings Schemes!

Posted on: 13/Oct/2022 11:17:32 AM
The Central Government has been undertaking various initiatives to launch various welfare schemes which are ensured to reach all groups of people in different economic cadres. Out of these, the Post Office Saving Schemes introduced by the Central Government have been hugely popular among the citizens!

A variety of schemes are implemented and available in Post Offices!

Here are the details:

  • Post Office Savings Account Interest Rate: 4.0%
  • Post Office Recurring Deposit Scheme – Interest Rate: 5.8%
  • Post Office Monthly Income Scheme: Interest Rate: 6.7%
  • Post Office Fixed Period Deposits (1 Year): Interest Rate: 5,5%
  • Post Office Fixed Deposit (2 years) – 5.7%
  • Post Office Fixed Deposit (3 years): Interest Rate: 5.8%
  • Post Office Fixed Deposit (5 years) Interest Rate: 6.7%
  • Kisan Vikas Patra (KVP) Interest Rate: 7%
  • Senior Citizens Savings Scheme: 7.6%
  • Public Provident Fund (PPF) – Interest Rate: 7.1%
  • Sukanya Samnidhi Yojana: Interest Rate: 7.6%
  • National Saving Certificate: Interest Rate: 6.8%