Tuesday, 4 April 2017

Postal Savings Schemes Rate of Interest with Maturity Amount - Ready Reckoner

Postal Savings Schemes Rate of Interest with Maturity Amount - Ready Reckoner


Postal Savings Schemes with Rate of Interest with effect from 01/04/2017

INSTRUMENTRATE OF INTEREST W.E.F
01-04-2017
TO
30-06-2017
Frequency of compoundingMinimum depositMaximum depositMaturity amount
Savings Deposit - SB4.0AnnualRs.50/-No limit-
1 year TD6.9QuarterlyRs.200/-No limitFor Rs.10000 →Rs.10708/-
2 year TD7.0QuarterlyRs.200/-No limitFor Rs.10000 →Rs.11437/-
3 year TD7.2QuarterlyRs.200/-No limitFor Rs.10000 →Rs.12219/-
5 year TD7.7QuarterlyRs.200/-No limitFor Rs.10000 →Rs.13963/-
5 year RD7.2QuarterlyRs.10/-No limitFor Rs.100 → Rs.7232/-
5 year SCSS8.4Quarterly and paidRs.1000/-Rs 15 lakhsFor Rs.100000 → Rs.2100/-
5 year MIS7.6Monthly INT paidRs.1500/-Rs 4.5 lakhs for single
Rs. 9 lakhs for joint
For Rs.15000 → Rs.95/-
5 year NSC7.9AnnualRs.100/-No limitFor Rs.10000 → Rs.14625/-
15 years PPF7.9AnnualRs.500/-Rs 1.5 lakhs-
9 years 5 months KVP7.6AnnualRs.1000/-No limitAmount doubled
15 years SSA8.4AnnualRs.1000/-Rs. 1.5 lakhs-

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