This page provides the interest rates (%) of all the Post Office Savings Schemes. It contains both current and historic interest rates.
Current Interest Rates
The current interest rates (%) of various Post Office Savings Schemes are given below.
Annual Interest Rate (%)
|Savings Bank (SB) Account||4.00%||Simple Interest|
|Time Deposit (TD) - 1 Year||6.90%||Quarterly|
|Time Deposit (TD) - 2 Years||7.00%||Quarterly|
|Time Deposit (TD) - 3 Years||7.00%||Quarterly|
|Time Deposit (TD) - 5 Years||7.50%||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)||8.00%||Yearly|
|Mahila Samman Savings Certificate (MSSC)||7.50%||Quarterly|
The above interest rates are for the quarter from 01-Oct-2023 to 31-Dec-2023
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.