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Depositors can avail auto credit facility to get TD/MIS/SCSS interest directly into their PO Savings Account or auto credit RD deposit from PO Savings Account by submitting form (SB-83) at post office concerned.
Jul 1, 2024 · Post Office Savings Bank (POSB) Schemes Interes Rate Chart Overview (w.e.f. 01.07.2024 to 30.09.2024) Here’s a snapshot of some popular Post Office Savings Schemes and their features: Senior Citizen Savings Scheme (SCSS): Offers an interest rate of 8.2% per annum for a tenure of 5 years.
concerned Post Office. Interest rate applicable during extension will be the interest rate at which account was originally opened. Rate of interest is 6.7% per annum (Current interest rate is applicable from 01.04.2024 to 31.12.2024).
Jul 25, 2024 · As per the rates applicable to the first quarter of the fiscal year 2024-25, the applicable interest rate is 7.5% p.a. The account tenure is 115 months (9 years and 7 months). The amount invested gets doubled in this tenure. Rs 1 lakh invested in KVP will grow to Rs 2 lakh in 115 months.
Jul 12, 2024 · The Post Office Monthly Income Scheme (POMIS) has increased the maximum deposit limit and offers fixed interest rates. It's a low-risk investment backed by the government, with a tenure of 5 years. Residents can open accounts individually or jointly.
Sep 30, 2024 · Post office schemes interest rates for the October-December 2024 quarter. The government has announced that it will maintain the current interest rates for small savings schemes for the October-December 2024 quarter. This means that the existing rates will remain unchanged during this period.
Post Office FD Interest Rates 2024 (Effective 1 January 2024) Government revises the rate of interest for POFD at the beginning of every quarter of the financial year. It is calculated on the basis of yield on government securities. Post Office Term Deposit Interest Rates