A Look at Interest Rates on Post Office Savings Schemes Planning
Updated: Saturday, December 13, 2014, 14:49 [IST]
There are different types of Small Savings Schemes, varies depending on the tenure. The various options under the scheme is suitable for different segments of the population.
Interest rates on small savings schemes are benchmarked to the average annual yield on Government Securities of comparable maturity with a suitable spread. This depends on the maturity and liquidity of the instruments. The interest rate are revised every 1stApril.
S. No. Scheme Rate of Interest w.e.f. 01.04.2014
1
Savings Deposit
4.0%
2
1year Time Deposit
8.4%
3
2year Time Deposit
8.4%
4
3year Time Deposit
8.4%
5
5year Time Deposit
8.5%
6
5year Recurring Deposit
8.4%
7
5year SCSS
9.2%
8
5year MIS
8.4%
9
5year NSC
8.5%
10
10year NSC
8.8%
11
PPF 8.7%
GoodReturns.in
Share This Article
Story first published: Saturday, December 13, 2014, 14:49 [IST]
Block for 8 hours
Block for 12 hours
Block for 24 hours
Don't block
To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar
Click it and Unblock the Notifications
Close X
Close X
To Start receiving timely alerts please follow the below steps:
Click on the Menu icon of the browser, it opens up a list of options. Click on the “Options ”, it opens up the settings page, Here click on the “Privacy & Security” options listed on the left hand side of the page. Scroll down the page to the “Permission” section . Here click on the “Settings” tab of the Notification option. A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification. Once the changes is done, click on the “Save Changes” option to save the changes. Gender
Select your Gender
Age
Select your Age Range
Click it and Unblock the Notifications
/img/2014/12/13-1418459345-interest-rates1-600.jpg "Interest rates")
Sign in with Google