Post Office Saving Schemes: Interest Rates, Minimum Deposit Rules

INSUBCONTINENT EXCLUSIVE:
India Post or Department of Posts, offers nine types of small saving schemes raging from fixed deposit (FD) account to Senior Citizen
Savings Scheme (SCSS), as mentioned on its official website- indiapost.gov.in
quarterly basis
interest with respect to January 1, 2019 to March 31, 2019Compounding frequencySavings Deposit4.00%Annually1-Year Time
Deposit7.00%Quarterly2-Year Time Deposit7.00%Quarterly3-Year Time Deposit7.00%Quarterly5-Year Time Deposit7.80%Quarterly5-Year Recurring
Deposit7.30%Quarterly5-Year Senior Citizen Savings Scheme8.70%Quarterly and paid5-Year Monthly Income Account7.70%Monthly and paid5-Year
National Savings Certificate8.00%AnnuallyPublic Provident Fund Scheme8.00%AnnuallyKisan Vikas Patra7.7% (will mature in 112
months)AnnuallySukanya Samriddhi Account Scheme8.50%Annually(As mentioned on India Post's official website)Minimum investment required in
20Savings account (non Cheque account)Rs 20Monthly Income Scheme (MIS)Rs 1,500Fixed Deposit (FD) AccountRs 200Public Provident Fund (PPF)Rs
500Senior Citizen Savings Scheme (SCSS)Rs 1,000(As mentioned on India Post's official website)Customers should note here that minimum