The rates of interest on various Post Office Small Savings Schemes (National Small Savings Scheme) for the fourth quarter of financial year 2023-24 starting from 1st January, 2024 and ending on 31st March, 2024 have been revised as detailed below:
Instrument | Rate of Interest from 01.10.2023 to 31.12.2023 | Rate of Interest from 01.01.2024 to 31.03.2024 |
Saving Deposit | 04% | 04% |
1 Year Time Deposit | 6.9 | 6.9% |
2 Year Time Deposit | 7.0 | 7.0% |
3 Year Time Deposit | 7.0 | 7.1% |
5 Year Time Deposit | 7.5 | 7.5% |
5 year Recurring Deposit | 6.7 | 6.7% |
Senior Citizen Saving Scheme | 8.2 | 8.2% |
Monthly Income Scheme | 7.4 | 7.4% |
National Savings Certificate(NSC) | 7.7 | 7.7 % |
Public Provident Fund (PPF) | 7.1 | 7.1 % |
Kisan Vikas Patra (KVP) | 7.5 ( Will be mature in 115 month) | 7.5 ( Will be mature in 115 month) |
Sukanya Samriddhi Yojana | 8.0 | 8.2 % |