India Post Office Schemes | |||
Sl.No. | Instruments | Rate of interest w.e.f 01.07.2022 to 30.09.2022 | Compounding Frequency* |
1 | Post Office Savings Account | 4% | Annually |
2 | 1 Year Time Deposit | 5.5% (Annual Interest R. 561 on Rs. 10000 deposit) | Quarterly |
3 | 2 Year Time Deposit | 5.5% (Annual Interest R. 561 on Rs. 10000 deposit) | Quarterly |
4 | 3 Year Time Deposit | 5.5% (Annual Interest Rs. 561 on Rs. 10000 deposit) | Quarterly |
5 | 5 Year Time Deposit | 6.7% (Annual Interest R. 687 on Rs. 10000 deposit) | Quarterly |
6 | 5 Year Recurring Deposit Scheme | 5.8% Maturity value for Rs. 100 Dn. 5 Year = 6969.67 After extension with deposit. 6 Year = 8620.98 7 Year= 10370.17 8 Year= 12223.03 9Year= 14185.73 10Year=16264.76 | Quarterly |
7 | Senior Citizen Savings Scheme | 7.4%(Quarterly interest Rs. 185 on Rs. 10000 deposit) | Quarterly and Paid |
8 | Monthly Income Account | 6.6%(Monthly int. Rs. 55 on Rs. 10000 deposit) | Monthly and paid |
9 | National Savings Certificate (VIII Issue) | 6.8% (Maturity Value Rs. 1389 for Rs.1000 deposit) Accrued Interest for IT purpose for Rs. 1000 Dn. 1st Year= Rs.68.00 2nd Year=Rs.72.62 3rd Year=Rs.77.56 4th Year=Rs.82.84 5th Year=Rs.88.47 | Annually |
10 | Public Provident Fund Scheme | 7.1 | Annually |
11 | Kisan Vikas Patra | 6.9 % (will mature in 124 months) | Annually |
12 | Sukanya Samriddhi Account Scheme | 7.60% | Annually |
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