DEPARTMENT OF POSTS :: INDIA
SAVINGS BANK
INTEREST RATES for the quarter starting from : 01.04.2018.
Scheme
|
TERM
|
RATE OF INTEREST (%)
|
DEPOSIT AMOUNT (Rs.)
|
Monthly Interest payable
|
Quarterly interest payable
|
Yearly interest payable
|
Total Interest (Rs.)
|
PRL + Int . (Rs.)
|
RD (Recurring deposit)
|
5- years
|
6.90 % QCI
|
1000
|
|
|
|
11743
|
71743
|
MIS (Monthly Income Scheme)
|
5-Years
|
7.3 % SI
|
150000
|
913
|
|
|
54780
|
204780
|
SCSS (Senior citizens Savings Scheme)
|
5-Years
|
8.3 % SI
|
100000
|
|
2075
|
|
41500
|
141500
|
NSC (National Savings certificates)
|
5-Years
|
7.6% annually
|
10000
|
|
|
|
4423
|
14423
|
KVP (Kisan Viakas patras)
|
118 months
|
7.3 % annually
|
10000
|
|
|
|
10000
|
20000
|
TD ( Time Deposits)
|
1-Year
|
6.6 % QCI
|
100000
|
|
|
6765
|
6765
|
106765
|
2-Year
|
6.7 % QCI
|
100000
|
|
|
6870
|
13740
|
113740
|
|
3-Year
|
6.9 % QCI
|
100000
|
|
|
7081
|
21243
|
121243
|
|
5-year
|
7.4 % QCI
|
100000
|
|
|
7608
|
38040
|
138040
|
|
SSA (Sukanya Samrudhi Account)
|
21- years
|
8.1 % annually
|
|
|
|
|
|
|
PPF (Public Provident fund)
|
15-Years
|
7.6 % annually
|
|
|
|
|
|
|
SB (Savings account)
|
|
4 % annually
|
Minimum Rs. 50 /- for Cq.
Book Rs.500 /- PMSBY, PMJJBY (insurance schemes ), ATM
facility, Atal Pension yojana , WUMTs
payments purpose..
|
Full details Pl.
contact :: POST MASTER, SR NAGAR (S.O), HYDERABAD-38 :Ph: 040- 23428350 / 332.
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