Latest Post Office Small Saving Schemes Interest Rates

Latest Post Office Small Saving Schemes Interest Rates : Central government declares the update of financing costs for all Post Office Small Savings Schemes for third quarter of FY 2018-19. The reexamined loan fees will stay substantial for all mail station sparing plans for the term of first October 2018 to 31st December 2018. Here we are giving you the total mail station sparing plans loan costs table 2018.

Note that all the new loan costs in table for third quarter are higher than the past financing costs (second quarter). Presently with expanded financing costs, individuals can without much of a stretch think about all mail station reserve funds plans, investigate them and acquires higher rate of premium.

Mail station Schemes, for example, Recurring Account (RD), Time Deposit (TD), National Savings Certificate (NSC), Public Provident Fund (PPF), Kisan Vikas Patra (KVP), Senior Citizens Savings Scheme (SCSS), Sukanya Samriddhi Yojana (SSY), Post Office Savings Bank (PO-SB) and Monthly Income Scheme (MIS) hugely advantage a substantial segment of populace.

Latest Post Office Small Saving Schemes Interest Rates:-

Name of Post Office Saving Scheme Rate of interest (1 July 2018 to 30 September 2018) Rate of interest (1 October 2018 to 31 December 2018) Compounding frequency
Savings Account Deposit 4% 4% Annually
Recurring Deposit (RD) 6.9% 7.3% Quarterly
Senior Citizen Savings Scheme (SCSS) 8.3% 8.7% Quarterly and paid
Monthly Income Scheme (MIS) Account 7.3% 7.7% Monthly and paid
National Savings Certificate (NSC) 7.6% 8% Annually
Public Provident Fund (PPF) Scheme 7.6 8% Annually
Kisan Vikas Patra (KVP) 7.3% (will mature in 118 months) 7.7% (will mature in 112 months) Annually
Sukanya Samriddhi Account Scheme (SSA) 8.1% 8.5% Annually
1 Year Time Deposit (TD) Account 6.6% 6.9% Quarterly
2 Year Time Deposit (TD) Account 6.7% 7.0% Quarterly
3 Year Time Deposit (TD) Account 6.9% 7.2% Quarterly
5 Years Time Deposit (TD) Account 7.4% 7.8% Quarterly

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