Post office Interest Rates for Oct-2017 to December-2017
Scheme
Old Rates
(Apr-17 to
June-17)
Old Rates
(Jul-17 To
Sep-17)
New Interest rates
(01-Oct-17 to
31-Dec-17)
Frequency of
Compounding
Effective
annual
interest
rate
Min
Deposit
Max
deposit
Tenure
Saving Account
4.0%
4.0%
4.0%
Yearly
4.00%
Rs 20 for
opening
No limit
NA
Term Deposit(FD)
–
1years
6.9%
6.8%
6.8%
Quarterly
6.97%
Rs 200
No limit
1 year
Term Deposit(FD)
–
2years
7.0%
6.9%
6.9%
Quarterly
7.08%
Rs 200
No limit
2 year
Term
Deposit(FD)
–
3years
7.2%
7.1%
7.1%
Quarterly
7.29%
Rs 200
No limit
3 year
Term Deposit(FD)
–
5years
7.7%
7.6%
7.6%
Quarterly
7.80%
Rs 200
No limit
5 year
Recurring Deposit
7.2%
7.1%
7.1%
Quarterly
7.29%
Rs 10 per
Month
No limit
5 year
NSC
-
5 years
7.9%
7.8%
7.8%
Yearly
7.80%
Rs 100
No limit
5 year
KVP
7.6%
7.5%
7.5%
Yearly
7.50%
Rs 1,000
No limit
9yrs 7
months
MIS Scheme
7.6%
7.5%
7.5%
Monthly and
paid
7.50%
Rs 1,500
Rs 4.5
Lakhs
for
single
Rs 9
Lakhs
for joint
a/c
5years
Sukanya Samriddhi
Account
8.4%
8.3%
8.3%
Yearly
8.30%
Rs 1,000
Rs 1.5
Lakhs
21 years
5 Year Senior Citizen
Saving Scheme
8.4%
8.3%
8.3%
Quarterly and
paid
8.30%
Rs 1,000
Rs 15
Lakhs
5years
PPF
7.9%
7.8%
7.8%
Yearly
7.80%
Rs 500
Rs 1.5
Lakhs
15 years
