The new rates of post office savings schemes came into effect on 1 April 2023.
Let us know what are the Latest interest rates to be offered on the savings scheme of the post office.
1- Savings Scheme: FD Duration: 1 year Old FD Rates (p.a.): 6.60 % New FD Rates (p.a.): 6.80 %
2- Savings Scheme: FD Duration: 2 Years Old FD Rates (p.a.): 6.80% New FD Rates (p.a.): 6.90%
3- Savings Scheme: FD Duration: 3 Years Old FD Rates (p.a.): 6.90% New FD Rates (p.a.): 7.00%
4- Savings Scheme: FD Duration: 5 Years Old FD Rates (p.a.): 7.00% New FD Rates (p.a.): 7.50%
5- Savings Scheme: Recurring Deposit (RD) Duration: 5 Years Old FD Rates (p.a.): 5.80% New FD Rates (p.a.): 6.20%
6- Savings Scheme: Senior Citizen Savings Account Old FD Rates (p.a.): 8.00% New FD Rates (p.a.): 8.20%
7- Savings Scheme: Monthly Income Scheme Old FD Rates (p.a.): 7.10% New FD Rates (p.a.): 7.40%
8- Savings Scheme: National Savings Certificate (NSC) Old FD Rates (p.a.): 7.00% New FD Rates (p.a.): 7.70%
9- Savings Scheme: Kisan Vikas Patra (KVP) Old FD Rates (p.a.): 7.20% New FD Rates (p.a.): 7.50%
10- Savings Scheme: Sukanya Samriddhi Yojana Old FD Rates (p.a.): 7.60% New FD Rates (p.a.): 8.00%
The government has increased the interest rates of all post office schemes except PPF. The interest rate of PPF is still 7.1%.