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 4 : Jan 2023 to Mar 2023

Scheme Name

Annual Interest Rate (%)

Compounding Frequency

Savings Bank (SB) Account4.00%Simple Interest
Time Deposit (TD) - 1 Year6.60%Quarterly
Time Deposit (TD) - 2 Years6.80%Quarterly
Time Deposit (TD) - 3 Years6.90%Quarterly
Time Deposit (TD) - 5 Years7.00%Quarterly
Recurring Deposit (RD)5.80%Quarterly
Monthly Income Scheme (MIS)7.10%Simple interest paid monthly
National Savings Certificate (NSC)7.00%Yearly
Senior Citizens Savings Scheme (SCSS)8.00%Simple interest paid quarterly
Kisan Vikas Patra (KVP)7.20%Yearly
Public Provident Fund (PPF)7.10%Yearly
Sukanya Samriddhi Account (SSA)7.60%Yearly



  1. The above interest rates are for the quarter from 01-Jan-2023 to 31-Mar-2023

  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