Post Office - Interest Rates (%)

This page provides the interest rates (%) of all the Post Office Savings Schemes. It contains both current and historic interest rates.


Table of Contents


Current Interest Rates

The current interest rates (%) of various Post Office Savings Schemes are given below.

Quarter 1 : Apr 2024 to Jun 2024

Scheme Name

Annual Interest Rate (%)

Compounding Frequency

Savings Bank (SB) Account4.00%Simple Interest
Time Deposit (TD) - 1 Year6.90%Quarterly
Time Deposit (TD) - 2 Years7.00%Quarterly
Time Deposit (TD) - 3 Years7.10%Quarterly
Time Deposit (TD) - 5 Years7.50%Quarterly
Recurring Deposit (RD)6.70%Quarterly
Monthly Income Scheme (MIS)7.40%Simple interest paid monthly
National Savings Certificate (NSC)7.70%Yearly
Senior Citizens Savings Scheme (SCSS)8.20%Simple interest paid quarterly
Kisan Vikas Patra (KVP)7.50%Yearly
Public Provident Fund (PPF)7.10%Yearly
Sukanya Samriddhi Account (SSA)8.20%Yearly
Mahila Samman Savings Certificate (MSSC)7.50%Quarterly



  1. The above interest rates are for the quarter from 01-Apr-2024 to 30-Jun-2024

  2. Since 01-Apr-2016, the interest rates of various Post Office savings schemes have been announced on a quarterly basis


Historic Interest Rates

This section provides the interest rates history of all the Post Office Savings Schemes from the financial year 2011-12.

Since this section is very big, a separate page has been created to maintain the history of the interest rates. You can access the page using the below link.

Post Office - Interest Rates History