Postal Savings Schemes with Rate of Interest with effect from 01/04/2017
Postal Savings Schemes with Rate of Interest with effect from 01/04/2017
INSTRUMENT
|
RATE OF INTEREST W.E.F
01-04-2017
TO
30-06-2017
|
Frequency of compounding
|
Minimum deposit
|
Maximum deposit
|
Maturity amount
|
Savings Deposit - SB
|
4.0
|
Annual
|
Rs.50/-
|
No limit
|
-
|
1 year TD
|
6.9
|
Quarterly
|
Rs.200/-
|
No limit
| |
2 year TD
|
7.0
|
Quarterly
|
Rs.200/-
|
No limit
|
For Rs.10000 →Rs.11437/-
|
3 year TD
|
7.2
|
Quarterly
|
Rs.200/-
|
No limit
|
For Rs.10000 →Rs.12219/-
|
5 year TD
|
7.7
|
Quarterly
|
Rs.200/-
|
No limit
|
For Rs.10000 →Rs.13963/-
|
5 year RD
|
7.2
|
Quarterly
|
Rs.10/-
|
No limit
|
For Rs.100 → Rs.7232/-
|
5 year SCSS
|
8.4
|
Quarterly and paid
|
Rs.1000/-
|
Rs 15 lakhs
|
For Rs.100000 → Rs.2100/-
|
5 year MIS
|
7.6
|
Monthly INT paid
|
Rs.1500/-
|
Rs 4.5 lakhs for single
Rs. 9 lakhs for joint
|
For Rs.15000 → Rs.95/-
|
5 year NSC
|
7.9
|
Annual
|
Rs.100/-
|
No limit
|
For Rs.10000 → Rs.14625/-
|
15 years PPF
|
7.9
|
Annual
|
Rs.500/-
|
Rs 1.5 lakhs
|
-
|
9 years 5 months KVP
|
7.6
|
Annual
|
Rs.1000/-
|
No limit
|
Amount doubled
|
15 years SSA
|
8.4
|
Annual
|
Rs.1000/-
|
Rs. 1.5 lakhs
|